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Do We Need a New Behavioral Benchmark for BCA?1

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  • Shogren, Jason F.
  • Thunström, Linda

Abstract

In our opinion, the challenges of ongoing measurement, the ever-moving behavioral baseline, and strategic self-ignorance return us full-circle to a sensible point made by Peter Bohm–Benefit-Cost Analysis for environmental goods should use an interval method.

Suggested Citation

  • Shogren, Jason F. & Thunström, Linda, 2016. "Do We Need a New Behavioral Benchmark for BCA?1," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 7(1), pages 92-106, April.
    • Handle: RePEc:cup:jbcoan:v:7:y:2016:i:01:p:92-106_00
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    Cited by:

    1. James K. Hammitt, 2020. "Valuing mortality risk in the time of COVID-19," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
    2. Kip Viscusi, W. & Gayer, Ted, 2016. "Rational Benefit Assessment for an Irrational World: Toward a Behavioral Transfer Test1," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 7(1), pages 69-91, April.
    3. Ami, Dominique & Aprahamian, Frédéric & Chanel, Olivier & Luchini, Stéphane, 2018. "When do social cues and scientific information affect stated preferences? Insights from an experiment on air pollution," Journal of choice modelling, Elsevier, vol. 29(C), pages 33-46.

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