English, Article, Journal or magazine article edition: Decision-making in a Social Welfare Context Helen Scarborough; Michael Burton; Jeff Bennett

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Bookmark: http://trove.nla.gov.au/version/107246
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Decision-making in a Social Welfare Context
Author
  • Helen Scarborough
  • Michael Burton
  • Jeff Bennett
Physical Description
  • preprint
Notes
  • This paper presents analysis of the decision-making strategies adopted by respondents when confronted with potential environmental 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 distribution 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.
  • Intergenerational Equity, Distribution, Choice Modelling
  • RePEc:dkn:econwp:eco_2009_02
Language
  • English
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