Behavioral economics for cost-Benefi...
Weimer, David Leo.

 

  • Behavioral economics for cost-Benefit analysis[electronic resource] :benefit validity when sovereign consumers seem to make mistakes /
  • 紀錄類型: 書目-電子資源 : Monograph/item
    杜威分類號: 330.019
    書名/作者: Behavioral economics for cost-Benefit analysis : benefit validity when sovereign consumers seem to make mistakes // David L. Weimer.
    作者: Weimer, David Leo.
    出版者: Cambridge : : Cambridge University Press,, 2017.
    面頁冊數: x, 167 p. : : digital ;; 24 cm.
    附註: Title from publisher's bibliographic system (viewed on 28 Aug 2017).
    標題: Economics - Psychological aspects.
    標題: Cost effectiveness.
    ISBN: 9781108178389
    ISBN: 9781107197350
    ISBN: 9781316647660
    內容註: Machine generated contents note: 1. Introduction; 2. Neoclassical valuation principles for CBA; 3. Possible behavioral frameworks for CBA; 4. Risk perception and expected utility deviations; 5. Large deviations between WTP and WTA; 6. Non-exponential time discounting; 7. Harmful addictive consumption; 8. Practical guidelines for valuation.
    摘要、提要註: How should policy analysts assess 'benefit validity' when behavioral anomalies appear relevant? David L. Weimer provides thoughtful answers through practical guidelines. Behavioral economists have identified a number of situations in which people appear not to behave according to the neoclassical assumptions underpinning welfare economics and its application to the assessment of the efficiency of proposed public policies through cost-benefit analysis. This book introduces the concept of benefit validity as a criterion for estimating benefits from observed or stated preference studies, and provides practical guidelines to help analysts accommodate behavioral findings. It considers benefit validity in four areas: violations of expected utility theory, unexpectedly large differences between willingness to pay and willingness to accept, non-exponential discounting, and harmful addiction. In addition to its immediate value to practicing policy analysts, it helps behavioral economists identify issues where their research programs can make practical contributions to better policy analysis.
    電子資源: https://doi.org/10.1017/9781108178389
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