Benefit-cost in a Benevolent Society

Ted Bergstrom ()

No 2004B, University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara

Abstract: How should benefit-cost analysis account for the value that benevolent individuals place on other people's pleasure from public goods? When adding up the benefits to be compared with costs, should we sum the private valuations, the altruistic valuations, or something else? This paper proposes a partial answer and offers some suggestions for benefit-cost practitioners.

Keywords: benefit-cost; altruism; benevolent; contingent valuation (search for similar items in EconPapers)
Date: 2005-01-03
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Related works:
Working Paper: Benefit-Cost in a Benevolent Society (2004)
Journal Article: Benefit-Cost in a Benevolent Society (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:cdl:ucsbec:2004b

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