Benefit-Cost in a Benevolent Society

Ted Bergstrom ()

Public Economics from EconWPA

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, along with some suggestions for benefit-cost practitioners.

Keywords: benefit-cost; contingent valuation; altruism (search for similar items in EconPapers)
JEL-codes: D6 D7 H (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ltv
Date: 2004-05-18
Note: Type of Document - pdf
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http://129.3.20.41/eps/pe/papers/0405/0405006.pdf (application/pdf)

Related works:
Working Paper: Benefit-cost in a Benevolent Society (2005)
Journal Article: Benefit-Cost in a Benevolent Society (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0405006

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