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Money metric, consumer surplus and welfare measurement

Hillinger, Claude - In: German economic review 2 (2001) 2, pp. 177-193

Persistent link: https://www.econbiz.de/10001579019

Money Metric, Consumer Surplus and Welfare Measurement

Hillinger, Claude - 2003

The paper provides a rigorous derivation of the "welfare triangle approximation" (WTA), which is at the center of cost benefit analysis. The result is generalized by showing that the WTA is one of two dual expressions, one of which approximates the change in real consumption, the other the...

Persistent link: https://www.econbiz.de/10014178559

Money Metric, Consumer Surplus and Welfare Measurement

Hillinger, Claude - 2003

Persistent link: https://www.econbiz.de/10014140526

The money metric utility frontier and aggregate index numbers

Hillinger, Claude - 1997

Persistent link: https://www.econbiz.de/10013428128

The digital economy, new products and consumer welfare

Diewert, Walter E.; Fox, Kevin J.; Schreyer, Paul - 2017

Persistent link: https://www.econbiz.de/10011762552

Spatial cost of living and welfare indices for India with application to policies implementation

Kumar, Saurav; Barai, Parama - In: The Indian economic journal 71 (2023) 4, pp. 659-672

Persistent link: https://www.econbiz.de/10014324928

Measuring real value and inflation

Hillinger, Claude - 2007

derive these measures are largely unsatisfactory. The axiomatic theory of indexes does not make clear which economic problem …. For example, the theory of the CPI is usually developed for a single consumer with homothetic preferences and then applied … to a large aggregate of diverse consumers with non-homothetic preferences. In this paper I develop a unitary theory that …