Divergence in alternative Hicksian welfa
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Dr Sudip Chattopadhyay
📂
Article
📅
2002
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John Wiley and Sons
🌐
English
⚖ 193 KB
## 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