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Aggregation And Disaggregation Of Program Benefit In A Complex Policy Environment

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  • Hoehn, John P.
  • Randall, Alan

Abstract

Benefit-cost analyses commonly treat the components of multi-part national policy as independent in valuation. A general conceptual structure for aggregation and the results of an empirical case study suggest that, in general, the independence assumption is mistaken. Specific propositions are given to guide aggregation across competitive and complementary non-rival goods.

Suggested Citation

  • Hoehn, John P. & Randall, Alan, 1982. "Aggregation And Disaggregation Of Program Benefit In A Complex Policy Environment," 1982 Annual Meeting, August 1-4, Logan, Utah 279230, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea82:279230
    DOI: 10.22004/ag.econ.279230
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    References listed on IDEAS

    as
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