Dolan, Paul and Tsuchiya, Aki (2010) Determining the parameters in social welfare function using stated preference data: an application to health. Applied Economics. pp. 1466-4283. ISSN 0003-6846
Full text not available from this repository.Abstract
One way in which economists might determine how best to balance the competing objectives of efficiency and equity is to specify a social welfare function (SWF). This paper 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 it is possible to determine the parameters in a social welfare function from stated preference data, but show that people are sensitive to what inequalities exist and to the groups across which those inequalities exist.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.informaworld.com/smpp/title~content=t71... |
| Additional Information: | © 2010 The Authors |
| Divisions: | Social Policy |
| Subjects: | H Social Sciences > HN Social history and conditions. Social problems. Social reform |
| JEL classification: | I - Health, Education, and Welfare > I1 - Health > I10 - General |
| Date Deposited: | 14 Feb 2011 14:58 |
| Last Modified: | 01 Oct 2024 22:21 |
| URI: | http://eprints.lse.ac.uk/id/eprint/32542 |
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