Benefit-Cost in a Benevolent Society
How should benefit-cost analysis account for the value that benevolent individuals place on other people's pleasure from public goods? When adding up the benefits to be compared with costs, should we sum the private valuations, the altruistic valuations, or something else? This paper proposes a partial answer, along with some suggestions for benefit-cost practitioners.
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- repec:reg:rpubli:282 is not listed on IDEAS
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