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Download the Paper (221 K, PDF file) - January 3, 2005 Tell a colleague about it. Printing Tips: Select 'print as image' in the Acrobat print dialog if you have trouble printing.

ABSTRACT:
How should benefit-cost analysis account for the value that benevolent individuals place on other people's pleasure from public goods? When adding up the benefits to be compared with costs, should we sum the private valuations, the altruistic valuations, or something else? This paper proposes a partial answer and offers some suggestions for benefit-cost practitioners.

SUGGESTED CITATION:
Ted Bergstrom, "Benefit-cost in a Benevolent Society" (January 3, 2005). Department of Economics, UCSB. Ted Bergstrom. Paper 2004B.
http://repositories.cdlib.org/ucsbecon/bergstrom/2004B