Fernandez, Cheryl Joy
Potential Use of the Life Satisfaction Approach to Value Nonmarket Goods and Services - ADB publication 2019 - 32
The approach estimates Hicksian compensating variation using self-reported subjective well-being to calculate the marginal rate of substitution of income for nonmarket amenities or services. The paper recommends how to use the technique in the economic analysis of investment projects.
Англи хэл дээр,
economics inclusive growth poverty
Potential Use of the Life Satisfaction Approach to Value Nonmarket Goods and Services - ADB publication 2019 - 32
The approach estimates Hicksian compensating variation using self-reported subjective well-being to calculate the marginal rate of substitution of income for nonmarket amenities or services. The paper recommends how to use the technique in the economic analysis of investment projects.
Англи хэл дээр,
economics inclusive growth poverty