Modelling Winners and Losers in Contingent Valuation of Public Goods Appropriate Welfare Measures and Economic Analysis
P. Clinch and
Anthony Murphy ()
Working Papers from College Dublin, Department of Political Economy-
Abstract:
This has demonstrated the rationale for allowing for winners and losers contingent valuation. In addition, it has shown how appropriate measures of welfare gains as well as loses can be elicited in dichotomous choice contingent valuation.
Keywords: PUBLIC GOODS; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: C24 H41 Q26 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:dublec:98/12
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