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Cost Benefit Rules when Nature Counts

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Author Info
Johansson-Stenman, Olof () (Department of Economics, School of Business, Economics and Law, Göteborg University)

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Abstract

This paper analyses normative implications of relaxing the conventional welfare economics assumptions anthropocentrism and welfarism, i.e. that only human well-being counts intrinsically, combined with various types of non-selfish individual preferences. Social decision rules are derived for the optimum provision of a public good (environmental quality). It is shown that in several cases analysed, the basic Samuelson rule still holds, in terms of aggregate marginal willingness to pay.

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File URL: http://hdl.handle.net/2077/2724
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Publisher Info
Paper provided by Göteborg University, Department of Economics in its series Working Papers in Economics with number 198.

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Length: 30 pages
Date of creation: 03 Mar 2006
Date of revision: 09 May 2006
Handle: RePEc:hhs:gunwpe:0198

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Related research
Keywords: Altruism; welfarism; anthropocentrism; cost-benefit analysis; public good provision; social preferences; conditional cooperation;

Other versions of this item:

Find related papers by JEL classification:
D60 - Microeconomics - - Welfare Economics - - - General
D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  6. Keser, Claudia & van Winden, Frans, 2000. " Conditional Cooperation and Voluntary Contributions to Public Goods," Scandinavian Journal of Economics, Blackwell Publishing, vol. 102(1), pages 23-39, March. [Downloadable!] (restricted)
  7. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-77, June. [Downloadable!] (restricted)
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    Other versions:
  11. Olof Johansson-Stenman, 1998. "The Importance of Ethics in Environmental Economics with a Focus on Existence Values," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 429-442, April. [Downloadable!] (restricted)
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    Other versions:
  17. Urs Fischbacher & Simon Gaechter & Ernst Fehr, . "Are People Conditionally Cooperative? Evidence from a Public Goods Experiment," IEW - Working Papers iewwp016, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  18. Bruno S. Frey & Stephan Meier, . "Social Comparisons and Pro-social Behavior - Testing ‘Conditional Cooperation’ in a Field Experiment," IEW - Working Papers iewwp162, Institute for Empirical Research in Economics - IEW. [Downloadable!]
    Other versions:
  19. Claudia Keser & Frans A.A.M. van Winden, 2000. "Conditional Cooperation and Voluntary Contributions to Public Goods," Tinbergen Institute Discussion Papers 00-011/1, Tinbergen Institute. [Downloadable!]
  20. Rabin, Matthew, 1993. "Incorporating Fairness into Game Theory and Economics," American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December. [Downloadable!] (restricted)
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