The economics of participatory value evaluation

Arbeitspapier

This paper develops a novel approach to the economic evaluation of public policies: participatory value evaluation (PVE). PVE involves citizens directly in decisions of the government, taking into account governmental and individual budget constraints. Citizens receive reliable information on social impacts and can choose the best portfolio of projects according to their social preferences. This paper develops the economic and econometric theoretical framework for fixed budget and flexible budget PVE experiments which allows us to directly measure the change in social welfare for investments in water infrastructure in The Netherlands.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Tinbergen Institute Discussion Paper ; No. TI 2019-008/VIII

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Project Evaluation; Social Discount Rate ; Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions ; Design of Experiments: Laboratory, Individual ; Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Social Choice; Clubs; Committees; Associations
• Thema: participatory value evaluation ; cost-benefit assessment ; welfare analysis ; discrete-continuous choice models

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dekker, Thijs ; Koster, Paul ; Mouter, Niek
• Ereignis: Veröffentlichung
• (wer): Tinbergen Institute
• (wo): Amsterdam and Rotterdam
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/205298
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ