Dolan, P. and Tsuchiya, A. orcid.org/0000-0003-4245-5399 (2010) Determining the parameters in a social welfare function using stated preference data: an application to health. Applied Economics, 43 (18). pp. 2241-2250. ISSN 0003-6846
Abstract
One way in which economists might determine how best to balance the competing objectives of efficiency and equality is to specify a Social Welfare Function (SWF). This article looks at how the stated preferences of a sample of the general public can be used to estimate the shape of the SWF in the domain of health benefits. The results suggest that people are willing to make trade-offs between efficiency and equality and that these trade-offs are sensitive to what kind of inequalities exist and to the groups across which those inequalities exist.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2011 Taylor & Francis. This is an author-produced version of a paper subsequently published in Applied Economics. Uploaded in accordance with the publisher's self-archiving policy. |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Medicine, Dentistry and Health (Sheffield) > School of Health and Related Research (Sheffield) > ScHARR - Sheffield Centre for Health and Related Research The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 23 May 2019 14:53 |
Last Modified: | 23 May 2019 14:53 |
Status: | Published |
Publisher: | Taylor & Francis |
Refereed: | Yes |
Identification Number: | 10.1080/00036840903166244 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:146524 |