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Provedor de dados:  AgEcon
País:  United States
Título:  Decision-Making in a Social Welfare Context
Autores:  Scarborough, Helen
Burton, Michael P.
Bennett, Jeffrey W.
Data:  2009-02-19
Ano:  2009
Palavras-chave:  Intergenerational Equity
Distribution
Choice modelling
Research Methods/ Statistical Methods
Resumo:  This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential policy options that include changes in both aggregate levels of welfare and equity in distribution. The analysis is based on the results of a choice experiment designed to estimate intergenerational distributional preferences. Non-linear welfare functions are employed within a conventional conditional logit framework. The heuristics employed by respondents in the stated preference context provide valuable insights into the application of welfare principles by respondents in determining trade-offs between the potential changes in the well-being of different generations.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  http://purl.umn.edu/47622
Relação:  Australian Agricultural and Resource Economics Society>2009 Conference (53rd), February 11-13, 2009, Cairns, Australia
Formato:  15
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