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Estimating Intergenerational Distribution Preferences Using Choice Modelling

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Abstract

Resource management decisions influence not only the output of the economy but also the distribution of utility between groups within the community. The theory of Cost Benefit Analysis provides a means of incorporating distributional changes into the decision making calculus 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 Cost Benefit Analysis framework. The findings of a choice modelling experiment designed to estimate community preferences with respect to intergenerational utility distribution are presented.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2006_26eco.pdf
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Bibliographic Info

Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2006_26.

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Length: 30 pages
Date of creation: 21 Nov 2006
Date of revision:
Handle: RePEc:dkn:econwp:eco_2006_26

Note: Helen Scarborough is the corresponding author for this paper.
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Web page: http://www.deakin.edu.au/buslaw/aef/index.php

Related research

Keywords: Distributional weights; Cost benefit analysis; Intergenerational distribution; Choice modelling;

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  15. Arnold C. Harberger, 1978. "On the Use of Distributional Weights in Social Cost-Benefit Analysis," NBER Chapters, in: Research in Taxation, pages 87-120 National Bureau of Economic Research, Inc.
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