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Udo Ebert
''On the definition of nonessentiality''
( 2009, Vol. 29 No.3 )
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.
Keywords: Preferences, nonessentiality
JEL: D1 - Household Behavior: General
D6 - Welfare Economics: General
Manuscript Received : Jul 21 2009 Manuscript Accepted : Aug 20 2009

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