Estimating intergenerational utility distribution preferences
AbstractResource management decisions influence not only the output of the economy but also the distribution of utility between groups within the community. The theory of Benefit Cost Analysis provides a means of incorporating this distributional change through the application of distributional or welfare weights. This paper reports the results of research designed to estimate distributional weights suitable for inclusion in a Benefit Cost Analysis framework. The findings of a choice modelling experiment estimating community preferences with respect to intergenerational utility distribution are presented to illustrate this innovative application of a stated preference technique.
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Bibliographic InfoPaper provided by Australian Agricultural and Resource Economics Society in its series 2006 Conference (50th), February 8-10, 2006, Sydney, Australia with number 139899.
Date of creation: 2006
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Distributional weights; Choice Modelling; Intergenerational distribution; Benefit Cost Analysis; Community/Rural/Urban Development; Resource /Energy Economics and Policy;
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