Showing 1 - 10 of 29
There are currently debates both about the ability to measure the value of moral sentiments and the nature of benefit-cost analysis. Moral sentiments can be reasonably measured in many situations and their consideration can improve benefit-cost analysis in any case. This argument is presented by...
Persistent link: https://www.econbiz.de/10014064350
Persistent link: https://www.econbiz.de/10003335587
Persistent link: https://www.econbiz.de/10010225840
Persistent link: https://www.econbiz.de/10003801370
Persistent link: https://www.econbiz.de/10003801384
Persistent link: https://www.econbiz.de/10003629089
Persistent link: https://www.econbiz.de/10001699525
Persistent link: https://www.econbiz.de/10001246439
Persistent link: https://www.econbiz.de/10001186404
The Kaldor-Hicks (KH) criterion has long been the standard for benefit-cost analysis, but it has also been widely criticized for ignoring equity and, arguably, moral sentiments in general. We suggest replacing KH with an aggregate measure called KHM, where the M stands for moral sentiments. KHM...
Persistent link: https://www.econbiz.de/10013050841