This essay argues that public choice offers an appropriate approach for thinking about economic policy advice. First I discuss the nature of the policy advice that is proffered by economists. Then I specifically suggest that one of the most common modeling features in the public choice literature (v
Public preferences for economic policies
β Scribed by Eli M. Noam
- Publisher
- Elsevier Science
- Year
- 1981
- Tongue
- English
- Weight
- 424 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0167-4870
No coin nor oath required. For personal study only.
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## Abstract Economic evaluations generally fail to incorporate elements of intangible costs and benefits, such as anxiety and discomfort associated with the screening test and diagnostic test, as well as the magnitude of utility associated with a reduction in the risk of dying from cancer. In the p