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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13903 |
来源ID | Working Paper 13903 |
Can Weak Substitution be Rehabilitated? | |
V. Kerry Smith; Mary F. Evans; H. Spencer Banzhaf; Christine Poulos | |
发表日期 | 2008-03-20 |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper develops a graphical analysis and an analytical model that demonstrate how weak substitution can be used for non-market valuation. Both weak complementarity and weak substitution can be evaluated as restrictions that allow quantity or quality changes in non-market goods to be described as price changes that yield equivalent changes in individual well being. They are Hicksian equivalents in that the price changes yield the same utility changes as would the quantity or quality changes. After discussion of several potential applications of weak substitution, the paper develops the parallel between the restriction and recent strategies from modeling differentiated goods. |
主题 | Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w13903 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571577 |
推荐引用方式 GB/T 7714 | V. Kerry Smith,Mary F. Evans,H. Spencer Banzhaf,et al. Can Weak Substitution be Rehabilitated?. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13903.pdf(187KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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