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Probabilistic Compensation Criteria

Author

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  • A. Mitchell Polinsky

Abstract

I. Introduction, 407. — II. The multiple-change approach, 409. — III. A general probabilistic framework, 412. — IV. The quasi-Paretian criterion, 418. — V. Concluding remarks, 423.

Suggested Citation

  • A. Mitchell Polinsky, 1972. "Probabilistic Compensation Criteria," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(3), pages 407-425.
    • Handle: RePEc:oup:qjecon:v:86:y:1972:i:3:p:407-425.
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    Citations

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    Cited by:

    1. Dallas Burtraw & Karen Palmer, 2008. "Compensation rules for climate policy in the electricity sector," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(4), pages 819-847.
    2. Kenneth A. Small & Seiji S.C. Steimetz, 2012. "Spatial Hedonics And The Willingness To Pay For Residential Amenities," Journal of Regional Science, Wiley Blackwell, vol. 52(4), pages 635-647, October.
    3. David Ellerman, 2014. "On a fallacy in the Kaldor–Hicks efficiency–equity analysis," Constitutional Political Economy, Springer, vol. 25(2), pages 125-136, June.
    4. Dallas Burtraw & Samantha Sekar, 2014. "Two world views on carbon revenues," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 4(1), pages 110-120, March.
    5. John F. Johnston, 1975. "Utility Interdependence and Redistribution: Methodological Implications for Welfare Economics and the Theory of the Public Household," Public Finance Review, , vol. 3(3), pages 195-228, July.
    6. Nurmi, Väinö & Ahtiainen, Heini, 2018. "Distributional Weights in Environmental Valuation and Cost-benefit Analysis: Theory and Practice," Ecological Economics, Elsevier, vol. 150(C), pages 217-228.

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