A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
“Plug-in” shadow price estimates for policy analysis
Abstract. In assessing existing or proposed public policies, analysts often need shadow price estimates for one or two key items – for example, the value of a human life, the cost of various types of injuries, the cost of a robbery or the value of an hour of travel time saved. This paper provides estimates of the values of many, frequently encountered impacts. These estimates are intended to be “plugged-in” to analyses of policy alternatives. Although these estimates may not be sufficiently accurate for some policy decisions, they will be very helpful in many policy situations.
“Plug-in” shadow price estimates for policy analysis
Abstract. In assessing existing or proposed public policies, analysts often need shadow price estimates for one or two key items – for example, the value of a human life, the cost of various types of injuries, the cost of a robbery or the value of an hour of travel time saved. This paper provides estimates of the values of many, frequently encountered impacts. These estimates are intended to be “plugged-in” to analyses of policy alternatives. Although these estimates may not be sufficiently accurate for some policy decisions, they will be very helpful in many policy situations.
“Plug-in” shadow price estimates for policy analysis
Boardman, Anthony E. (author) / Greenberg, David H. (author) / Vining, Aidan R. (author) / Weimer, David L. (author)
1997
Article (Journal)
English
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