Valuing changes in utility for non-market outcomes : experiences alongside preferences

The current practice in economics is to allocate resources on the basis of our preferences as they are expressed in real or hypothetical markets. Our preferences suffer from a number of problems, however, especially when we value non-market goods, such as the environment or health. An alternative wa...

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Bibliographic Details
Main Author: Metcalfe, Robert David
Other Authors: Dolan, Paul
Published: Imperial College London 2009
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.516472