search query: @indexterm INCOME DISTRIBUTION / total: 353
reference: 33 / 353
| Author: | Courard-Hauri, D. |
| Title: | The effect of income choice on bias in policy decisions made using cost-benefit analyses |
| Journal: | Ecological Economics
2004 : DEC, VOL. 51:3-4, p. 191-199 |
| Index terms: | Bias Consumption Income distribution Cost benefit analysis |
| Language: | eng |
| Abstract: | In policy making cost-benefit analysis (CBA) is often used for determining the economic value of different choices. This article argues that the use of CBA for welfare economics applications is likely to favor one set of values over another sets therefore producing bias to the results. The results show a negative correlation btw. the importance a person places on income and the willingness to reduce consumption in favor of environment. |
SCIMA