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Distributional Weights in Environmental Valuation and Cost-benefit Analysis: Theory and Practice

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0 Published in 2018 at "Ecological Economics"

DOI: 10.1016/j.ecolecon.2018.04.021

Abstract: Cost-benefit analysis (CBA) is built on the Kaldor-Hicks efficiency criterion whereby projects that have aggregate positive net benefits are recommended even if those who lose are not compensated for their losses. Two kinds of problems… read more here.

Keywords: cost benefit; distributional weights; benefit analysis;