000			02806nam a22003858i 4500
001			CR9781108178389
005			20250919141955.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			161013s2017||||enk o ||1 0|eng|d
020			_a9781108178389 (ebook)
020			_z9781107197350 (hardback)
020			_z9781316647660 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aHB74.P8 _bW44 2017
082	0	0	_a330.01/9 _223
100	1		_aWeimer, David Leo, _eauthor.
245	1	0	_aBehavioral economics for cost-Benefit analysis : _bbenefit validity when sovereign consumers seem to make mistakes / _cDavid L. Weimer.
264		1	_aCambridge : _bCambridge University Press, _c2017.
300			_a1 online resource (x, 167 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 28 Aug 2017).
505	8		_aMachine 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.
520			_aHow 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.
650		0	_aEconomics _xPsychological aspects.
650		0	_aCost effectiveness.
776	0	8	_iPrint version: _z9781107197350
856	4	0	_uhttps://doi.org/10.1017/9781108178389
907			_a.b16835013 _b2020-12-22 _c2020-09-28
942			_n0
998			_a1 _b2020-12-22 _cm _da _feng _genk _y0 _z.b16835013
999			_c650866 _d650866