首页> 外文会议>System Dynamics Society International Conference; System Dynamics Society Anniversary Celebration; 20070729-0802; 20070729-0802; Boston,MA(US); Boston,MA(US) >Choice of utility functions in integrated assessment: How subjective well-being functions can influence policy analysis
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Choice of utility functions in integrated assessment: How subjective well-being functions can influence policy analysis

机译:综合评估中的效用函数的选择:主观幸福感函数如何影响政策分析

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To help inform public policy benefit-cost analysis, modelers calculate the change in expected utility of a society. This utility calculation often is a function of GDP per capita or economic consumption. Less widely used are subjective well-being utility functions that include relative consumption levels as well as absolute levels of consumption. This paper explores how utility function formulation can change the outcome of a benefit-cost analysis. The choice of functional form is vital to realistically projecting the utility impacts of a public policy and making the correct policy decision. Using climate change policy as an example, the study shows that a simplified subjective well-being utility function would encourage policy makers to enact mitigation policy to prevent a large decrease in society's long-term utility, while a typical GDP/capita utility calculation would encourage policymakers not to enact mitigation policy. This example highlights the practical significance of choosing an appropriate utility measure. The study concludes that the choice of utility function could change the results of cost-benefit analyses and integrated assessment models.
机译:为了帮助告知公共政策收益成本分析,建模人员计算了社会预期效用的变化。效用计算通常是人均GDP或经济消耗的函数。较少使用的是主观幸福感实用函数,其中包括相对消耗水平以及绝对消耗水平。本文探讨效用函数公式化如何改变收益成本分析的结果。功能形式的选择对于现实地预测公共政策的效用影响并做出正确的政策决定至关重要。以气候变化政策为例,研究表明,简化的主观幸福感效用函数将鼓励决策者制定缓解政策,以防止社会长期效用大幅下降,而典型的GDP /人均效用计算将鼓励决策者不要制定缓解政策。该示例强调了选择适当的效用度量的实际意义。研究得出结论,效用函数的选择可能会改变成本效益分析和综合评估模型的结果。

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