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首页> 外文期刊>Environmental & Resource Economics >Nancy Bockstael And Kenneth Mcconnell, Environmental And Resource Valuation With Revealed Preferences: A Theoretical Guide To Empirical Models
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Nancy Bockstael And Kenneth Mcconnell, Environmental And Resource Valuation With Revealed Preferences: A Theoretical Guide To Empirical Models

机译:南希·博克斯泰尔(Nancy Bockstael)和肯尼思·麦康奈尔(Kenneth Mcconnell),“环境和资源评估与偏好”:经验模型的理论指南

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摘要

Revealed preference approaches to non market valuation of recreation, environmental quality and health have been widely accepted by economists for decades. However, often the empirical methods preceded the theory, leading to concerns about whether these empirical methods really delivered legitimate measures of economic welfare. In this book, Bockstael and McConnell concisely synthesize the economic principles that must be followed for revealed preference methods to yield valid welfare measures. Their book guides the applied economist through the subtleties of consumer demand theory applied to quality changes that must be adhered to in empirical work in order for the resulting benefit measures to have the intended tie to utility. In this sense, reading this book is a reminder to many of us (the reviewer included) of what we learned in our Ph.D. program and sometimes forget as we undertake our latest empirical study.
机译:数十年来,对于娱乐,环境质量和健康的非市场评估的显式偏好方法已被经济学家广泛接受。但是,通常经验方法要比理论早,导致人们担心这些经验方法是否真的能够提供合法的经济福利衡量标准。在这本书中,Bockstael和McConnell简明扼要地综合了必须遵循的经济原则,以揭示揭示偏好方法以产生有效的福利措施。他们的书通过适用于质量变化的消费者需求理论的精妙之处,指导了应用经济学家,在经验工作中必须坚持这些质量变化,以使最终的收益措施与效用挂钩。从这个意义上讲,读本书可以提醒我们许多人(包括审稿人)我们从博士学位中学到的知识。程序,有时会忘记,因为我们进行了最新的实证研究。

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