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| Udo Ebert |
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| ''On the definition of nonessentiality'' |
| ( 2009, Vol. 29 No.3 ) |
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| Nonessentiality of a good is often used in welfare economics, cost-benefit analysis and applied work. Various definitions of this property are presented in the literature on public and environmental economics. This note clarifies their relationship. |
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| Keywords: Preferences, nonessentiality |
JEL: D1 - Household Behavior: General
D6 - Welfare Economics: General |
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| Manuscript Received : Jul 21 2009 | | Manuscript Accepted : Aug 20 2009 |
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