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- W2022763945 abstract "The paper considers the evaluation of a nonmarket good on the basis of a complete conditional demand system. It introduces two conditions allowing to identify a generally unique underlying preference ordering which can be employed for evaluation. The functional structure of the corresponding expenditure/indirect utility function and the demand system is described. The conditions proposed turn out to be equivalent to the property of base level independence in the equivalence scale literature. The approach is operational." @default.
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- W2022763945 date "2001-10-01" @default.
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- W2022763945 title "A general approach to the evaluation of nonmarket goods" @default.
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- W2022763945 doi "https://doi.org/10.1016/s0928-7655(01)00045-8" @default.
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