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Estimating intergenerational utility distribution preferences

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  • Scarborough, Helen
  • Bennett, Jeffrey W.

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 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.

Suggested Citation

  • Scarborough, Helen & Bennett, Jeffrey W., 2006. "Estimating intergenerational utility distribution preferences," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139899, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare06:139899
    DOI: 10.22004/ag.econ.139899
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    References listed on IDEAS

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