Estimating intergenerational distribution preferences

B-Tier
Journal: Ecological Economics
Year: 2008
Volume: 66
Issue: 4
Pages: 575-583

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

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 cost benefit analysis provides a means of incorporating distributional changes into the decision making calculus through the application of distributional or welfare weights. However, this practice has not been widely adopted in part due to difficulties in the estimation of distributional weights. This paper addresses this problem by using the stated preference method of choice modelling to estimate distributional weights suitable for inclusion in a cost benefit analysis framework. The findings of a choice modelling experiment designed to estimate community preferences with respect to intergenerational utility distribution illustrate the potential of this method in addressing distributional issues.

Technical Details

RePEc Handle
repec:eee:ecolec:v:66:y:2008:i:4:p:575-583
Journal Field
Environment
Author Count
2
Added to Database
2026-01-24