A RULE FOR AGGREGATING INDIVIDUAL WELFARE MEASURES

被引:1
|
作者
Pench, Alberto [1 ]
机构
[1] Univ Pisa, Dept Econ, I-50126 Pisa, Italy
关键词
aggregation; Borda rule; D60; D70;
D O I
10.1111/j.1467-8586.2009.00304.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
It is common, but often incorrect, practice in most applied works, especially in the field of applied general equilibrium models, to evaluate the overall impact of alternative policy changes by means of the sum of equivalent variations of (different classes of) individual consumers. This note proposes to use these same equivalent variations in a different way, namely, to aggregate them by the Borda rule.
引用
收藏
页码:189 / 193
页数:5
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