Determining the parameters in a social welfare function using stated preference data: an application to health

C-Tier
Journal: Applied Economics
Year: 2011
Volume: 43
Issue: 18
Pages: 2241-2250

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

One way in which economists might determine how best to balance the competing objectives of efficiency and equality is to specify a Social Welfare Function (SWF). This article looks at how the stated preferences of a sample of the general public can be used to estimate the shape of the SWF in the domain of health benefits. The results suggest that people are willing to make trade-offs between efficiency and equality and that these trade-offs are sensitive to what kind of inequalities exist and to the groups across which those inequalities exist.

Technical Details

RePEc Handle
repec:taf:applec:v:43:y:2011:i:18:p:2241-2250
Journal Field
General
Author Count
2
Added to Database
2026-01-29