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Consumer Surplus with Apology : A Historical Perspective on Non-Market Valuation and Recreation Demand

Banzhaf, H. Spencer - 2016

When economists turned to applied benefit-cost analysis in the 1930s and 1940s, they adopted prices as indicators of benefits. This was consistent with both neoclassical economics (in which prices are marginal values) and institutional economics (which favored a plausible market mechanism to...

Persistent link: https://www.econbiz.de/10013000174

Correcting Dupuit's Consumer's Surplus : A New Theory of CBA and Monopoly

Choi, Hak - 2016

This paper clarifies Dupuit's intention of justifying the building of public goods, and derives a new calculation scheme for CBA to support him. The reverse of the CBA logic offers significant measure of deadweight loss due to monopoly. Dupuit would condemn those economists arguing to use toll...

Persistent link: https://www.econbiz.de/10012982951

Tobacco Regulation and Cost-Benefit Analysis : How Should We Value Foregone Consumer Surplus?

Levy, Helen - 2016

Recent tobacco regulations proposed by the Food and Drug Administration have raised a thorny question: how should the cost-benefit analysis accompanying such policies value foregone consumer surplus associated with regulation-induced reductions in smoking? In a model with rational and fully...

Persistent link: https://www.econbiz.de/10012456206

Tobacco Regulation and Cost-Benefit Analysis : How Should We Value Foregone Consumer Surplus?

Levy, Helen - 2016

Persistent link: https://www.econbiz.de/10012985942

Consumer Surplus with Apology : A Historical Perspective on Nonmarket Valuation and Recreation Demand

Banzhaf, H. Spencer - 2011

When economists first turned to applied benefit-cost analysis in the 1930s and 1940s, prices were the only widely accepted measure of benefits. Perhaps surprisingly, economists did not consider measures like consumer surplus, which seemed quite foreign. Consequently, when they turned to...

Persistent link: https://www.econbiz.de/10013132683

Consumer surplus changing in the transition from state natural monopoly to the competitive market in the electricity sector in the developing countries : Azerbaijan case

Gulaliyev, Mayis Gulali; Yuzbashiyeva, Gulshen Zahidqizi; … - In: International Journal of Energy Economics and Policy : IJEEP 10 (2020) 2, pp. 265-275

Persistent link: https://www.econbiz.de/10012487910

One for all and all for one : privatization and Universal Service provision in the postal sector

Schuster, Philipp B. - In: Applied economics 45 (2013) 25/27, pp. 3667-3682

Persistent link: https://www.econbiz.de/10010345883

Consumer benefits of reforming a state-dominated industry

Min, Heechul - In: Journal of regulatory economics 47 (2015) 1, pp. 58-77

Persistent link: https://www.econbiz.de/10011325794

New public management reform in European countries : the retreat of the state from telecommunication services

Schmitt, Carina; Schuster, Philipp B. - 2010

Verwaltungseinheiten in öffentlich-rechtliche Unternehmen oder Aktiengesellschaften umgewandelt (=formelle Privatisierung) und anschließend … stückweise an private Akteure übertragen (=materielle Privatisierung). Dieser Beitrag untersucht, ob die Konsumenten von diesen … dem die Privatisierung im Telekommunikationssektor für 15 europäische Länder von 1980 bis 2006 abgebildet werden kann. Der …

Persistent link: https://www.econbiz.de/10003963116

Privatizing renewable resources: who gains, who loses?

Stoeven, Max T.; Quaas, Martin F. - 2012

resource harvesting. In a dynamic analysis we show that privatization increases the present values of consumer surplus and … privatization and indeed prefer open-access if the discount rate is sufficiently high. Applying the analysis to the North …-east Arctic Cod fishery, we find that socially efficient privatization would increase the present value of resource rent by 1 …

Persistent link: https://www.econbiz.de/10009490643