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Axiomatic foundations of Hicksian measures of welfare change

✍ Scribed by Udo Ebert


Book ID
113213021
Publisher
Elsevier Science
Year
1987
Tongue
English
Weight
567 KB
Volume
33
Category
Article
ISSN
0047-2727

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Divergence in alternative Hicksian welfa
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## Abstract This paper investigates the divergence between the two Hicksian welfare measures of non‐traded amenity improvement associated with housing. First, the Hicksian surplus measures for amenity changes are analytically developed based on explicit specification of utility structures. A hedoni