JEL classification

Journal of Economic Literature Classification (10696) D - Microeconomics (2307) D6 - Welfare Economics (413) D61 - Allocative Efficiency; Cost-Benefit Analysis (51)
Number of items at this level: 51.
Asia Centre
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • Stern, Nicholas (2010). Presidential address: imperfections in the economics of public policy, imperfections in markets, and climate change. Journal of the European Economic Association, 8(2-3), 253-288. https://doi.org/10.1111/j.1542-4774.2010.tb00504.x
  • Care Policy and Evaluation Centre
  • Forder, Julien, Caiels, James (2011). Measuring the outcomes of long-term care. Social Science & Medicine, 73(12), 1766-1774. https://doi.org/10.1016/j.socscimed.2011.09.023
  • Centre for Economic Performance
  • Layard, Richard, Glaister, Stephen (Eds.) (1994). Cost-benefit analysis. Cambridge University Press. https://doi.org/10.2277/0521466741
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • Dolan, Paul, Krekel, Christian, Shreedhar, Ganga, Lee, Helen, Marshall, Claire, Smith, Allison (2021). Happy to help: the welfare effects of a nationwide micro-volunteering programme. (CEP Discussion Papers 1772). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Dolan, Paul, Metcalf, Robert (2008). Comparing willingness-to-pay and subjective well-being in the context of non-market goods. (CEP Discussion Paper 890). London School of Economics and Political Science. Centre for Economic Performance.
  • Fujiwara, Daniel (2013). A general method for valuing non-market goods using wellbeing data: three-stage wellbeing valuation. (CEP Discussion Papers CEPDP1233). London School of Economics and Political Science. Centre for Economic Performance.
  • Layard, R., Mayraz, G., Nickell, S. (2008). The marginal utility of income. Journal of Public Economics, 92(8-9), 1846-1857. https://doi.org/10.1016/j.jpubeco.2008.01.007
  • Layard, Richard, Clark, Andrew E., De Neve, Jan-Emmanuel, Krekel, Christian, Fancourt, Daisy, Hey, Nancy, O'Donnell, Gus (2020). When to release the lockdown: a wellbeing framework for analysing costs and benefits. (CEP Occasional Papers 49). London School of Economics and Political Science. picture_as_pdf
  • Layard, Richard, Mayraz, Guy, Nickell, Stephen J (2007). The marginal utility of income. (CEPDP 784). London School of Economics and Political Science. Centre for Economic Performance.
  • Layard, Richard, Walters, A. A. (1994). Income distribution: allowing for income distribution. In Layard, Richard, Glaister, Stephen (Eds.), Cost-Benefit Analysis (pp. 179-198). Cambridge University Press. https://doi.org/10.2277/ 0521466741
  • Oparina, Ekaterina, Krekel, Christian, Srisuma, Sorawoot (2024). Talking therapy: impacts of a nationwide mental health service in England. (CEP Discussion Papers CEPDP1982). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Centre for Philosophy of Natural and Social Sciences (CPNSS)
  • Adler, Matthew D. (2016). Benefit–cost analysis and distributional weights: an overview. Review of Environmental Economics and Policy, 10(2), 264-285. https://doi.org/10.1093/reep/rew005
  • Economics
  • Layard, Richard, Glaister, Stephen (Eds.) (1994). Cost-benefit analysis. Cambridge University Press. https://doi.org/10.2277/0521466741
  • Besley, Timothy, Coate, Stephen (1998). Sources of inefficiency in a representative democracy : a dynamic analysis. American Economic Review, 88(1), 139-156.
  • Felli, Leonardo, Harris, Christopher (2018). Firm-specific training. Journal of Economic Theory, 175, 585-623. https://doi.org/10.1016/j.jet.2018.01.010
  • Garibaldi, Pietro, Moen, Espen R., Pissarides, Christopher (2020). Static and dynamic inefficiencies in an optimizing model of epidemics. (Discussion papers DP15439). Centre for Economic Policy Research (Great Britain).
  • Garibaldi, Pietro, Moen, Espen R., Pissarides, Christopher (2023). Static and dynamic inefficiencies in an optimizing model of epidemics. Economic Theory, https://doi.org/10.1007/s00199-023-01533-w picture_as_pdf
  • Ghatak, Maitreesh, Mookherjee, Dilip (2025). Misallocating misallocation? Annual Review of Economics, 17(1), 511 - 538. https://doi.org/10.1146/annurev-economics-091624-051237 picture_as_pdf
  • Layard, R., Mayraz, G., Nickell, S. (2008). The marginal utility of income. Journal of Public Economics, 92(8-9), 1846-1857. https://doi.org/10.1016/j.jpubeco.2008.01.007
  • Layard, Richard, Mayraz, Guy, Nickell, Stephen J (2007). The marginal utility of income. (CEPDP 784). London School of Economics and Political Science. Centre for Economic Performance.
  • Layard, Richard, Walters, A. A. (1994). Income distribution: allowing for income distribution. In Layard, Richard, Glaister, Stephen (Eds.), Cost-Benefit Analysis (pp. 179-198). Cambridge University Press. https://doi.org/10.2277/ 0521466741
  • O'Connell, Martin, Smith, Kate (2024). Optimal sin taxation and market power. American Economic Journal: Applied Economics, 16(4), 34–70. https://doi.org/10.1257/app.20220407 picture_as_pdf
  • Geography and Environment
  • Ahlfeldt, Gabriel M., Maennig, Wolfgang, Steenbeck, Malte (2016). Après Nous le Déluge? Direct democracy and intergenerational conflicts in ageing societies. (CESifo Working Paper Series 5779). CESifo Group Munich.
  • Ahlfeldt, Gabriel M., Maennig, Wolfgang (2015). Homevoters vs. leasevoters: a spatial analysis of airport effects. Journal of Urban Economics, 87, 85-99. https://doi.org/10.1016/j.jue.2015.03.002 picture_as_pdf
  • Ahlfeldt, Gabriel M., Maenning, Wolfgang, Steenbeck, Malte (2019). Direct democracy and intergenerational conflicts in ageing societies. Journal of Regional Science, 60(1), 129-155. https://doi.org/10.1111/jors.12448 picture_as_pdf
  • Chavas, Jean-Paul, Salvatore, Di Falco (2012). On the productive value of crop biodiversity: evidence from the highlands of Ethiopia. Land Economics, 88(1), 58-74.
  • Cropper, Maureen L., Freeman, Mark C., Groom, Ben, Pizer, William A. (2014). Declining discount rates. American Economic Review, 104(5), 538-543. https://doi.org/10.1257/aer.104.5.538
  • Dietz, Simon (2006-12-15 - 2006-12-19) On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy [Paper]. ISEE 2006: Ninth biennial conference of the International Society for Ecological Economics, Delhi, India, IND.
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • Dietz, Simon, Hepburn, Cameron (2013). Benefit-cost analysis of non-marginal climate and energy projects. Energy Economics, 40, 61-71. https://doi.org/10.1016/j.eneco.2013.05.023
  • Dietz, Simon, Hepburn, Cameron (2010). On non-marginal cost-benefit analysis. (Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment 18). Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment.
  • Dietz, Simon, Venmans, Frank (2019). The endowment effect, discounting and the environment. Journal of Environmental Economics and Management, 97, 67-91. https://doi.org/10.1016/j.jeem.2019.01.010 picture_as_pdf
  • Drupp, Moritz A. (2016). Limits to substitution between ecosystem services and manufactured goods and implications for social discounting. Environmental and Resource Economics, https://doi.org/10.1007/s10640-016-0068-5
  • Drupp, Moritz A., Freeman, Mark C., Groom, Ben, Nesje, Frikk (2018). Discounting disentangled. American Economic Journal: Economic Policy, 10(4), 109-134. https://doi.org/10.1257/pol.20160240
  • Groom, Ben, Maddison, David (2018). New estimates of the elasticity of marginal utility for the UK. Environmental and Resource Economics, https://doi.org/10.1007/s10640-018-0242-z
  • Millner, Antony, Dietz, Simon (2015). Adaptation to climate change and economic growth in developing countries. Environment and Development Economics, 20(3), 380-406. https://doi.org/10.1017/S1355770X14000692
  • Spackman, Michael (2025). Social discounting and the cost of public funds: problems with current global practice. (Grantham Research Institute on Climate Change and the Environment Working Papers 419). Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science. picture_as_pdf
  • Venmans, Frank, Groom, Ben (2021). Social discounting, inequality aversion, and the environment. Journal of Environmental Economics and Management, 109, https://doi.org/10.1016/j.jeem.2021.102479 picture_as_pdf
  • Grantham Research Institute
  • Coppens, Léo, Venmans, Frank (2023). The welfare properties of climate target. (Grantham Research Institute on Climate Change and the Environment Working Papers 403). Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science. picture_as_pdf
  • Dietz, Simon (2006-12-15 - 2006-12-19) On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy [Paper]. ISEE 2006: Ninth biennial conference of the International Society for Ecological Economics, Delhi, India, IND.
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • Dietz, Simon, Hepburn, Cameron (2013). Benefit-cost analysis of non-marginal climate and energy projects. Energy Economics, 40, 61-71. https://doi.org/10.1016/j.eneco.2013.05.023
  • Dietz, Simon, Hepburn, Cameron (2010). On non-marginal cost-benefit analysis. (Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment 18). Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment.
  • Dietz, Simon, Matei, Nicoleta Anca (2016). Spaces for agreement: a theory of time-stochastic dominance and an application to climate change. Journal of the Association of Environmental and Resource Economists, 3(1), 85 - 130. https://doi.org/10.1086/683684
  • Dietz, Simon, Venmans, Frank (2019). The endowment effect, discounting and the environment. Journal of Environmental Economics and Management, 97, 67-91. https://doi.org/10.1016/j.jeem.2019.01.010 picture_as_pdf
  • Drupp, Moritz A., Turk, Zachary M., Groom, Ben, Heckenhahn, Jonas (2025). Global evidence on the income elasticity of willingness to pay, relative price changes and public natural capital values. Environmental and Resource Economics, 88(12), 3765 - 3804. https://doi.org/10.1007/s10640-025-01042-5 picture_as_pdf
  • Millner, Antony, Dietz, Simon (2015). Adaptation to climate change and economic growth in developing countries. Environment and Development Economics, 20(3), 380-406. https://doi.org/10.1017/S1355770X14000692
  • Venmans, Frank, Groom, Ben (2021). Social discounting, inequality aversion, and the environment. Journal of Environmental Economics and Management, 109, https://doi.org/10.1016/j.jeem.2021.102479 picture_as_pdf
  • India Observatory
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • International Development
  • Sequeira, Sandra, Djankov, Simeon (2010). An empirical study of corruption in ports. (MPRA Paper). Munich Personal RePEc Archive.
  • LSE
  • Echeverry, Juan Carlos, Ibáñez, Ana María, Moya, Andrés, Hillon, Luis Carlos (2005). The economics of TransMilenio, a mass transit system for Bogota. Economía, 5(2), 151 - 188. https://doi.org/10.1353/eco.2005.0014 picture_as_pdf
  • Haltiwanger, John (2016). Firm dynamics and productivity: TFPQ, TFPR, and demand-side factors. Economía, 17(1), 3 - 26. https://doi.org/10.31389/eco.43 picture_as_pdf
  • Nascimento, Marcus Gerardus L., Becker, Kalinca L., Mendonça, Mario Jorge (2020). Implications of Brazilian institutional guidelines on educational efficiency. Economía, 21(1), 147 - 168. https://doi.org/10.1353/eco.2020.0009 picture_as_pdf
  • Ronconi, Lucas (2009). Estimates of the benefit incidence of workfare. Economía, 9(2), 129 - 145. https://doi.org/10.1353/eco.0.0029 picture_as_pdf
  • Wijnen, Ben F.M., Mosweu, Iris, Majoie, Marian H.J.M., Ridsdale, Leone, de Kinderen, Reina J.A., Evers, Silvia M.A.A., McCrone, Paul (2018). A comparison of the responsiveness of EQ-5D-5L and the QOLIE-31P and mapping of QOLIE-31P to EQ-5D-5L in epilepsy. European Journal of Health Economics, 19(6), 861 - 870. https://doi.org/10.1007/s10198-017-0928-0 picture_as_pdf
  • Management
  • De Meza, David, Reito, Francesco (2021). Macro shocks cause equilibrium price dispersion. Economics Letters, 208, https://doi.org/10.1016/j.econlet.2021.110082 picture_as_pdf
  • De Meza, David, Reito, Francesco (2020). Too much waste, not enough rationing: the failure of stochastic, competitive markets. Journal of Economic Theory, 188, https://doi.org/10.1016/j.jet.2020.105067 picture_as_pdf
  • Philosophy, Logic and Scientific Method
  • Hersch, Gil, Rowe, Thomas (2025). Allocative fairness. Philosophy Compass, 20(5). https://doi.org/10.1111/phc3.70042 picture_as_pdf
  • Psychological and Behavioural Science
  • Dolan, Paul, Fujiwara, Daniel, Metcalfe, Robert (2011). A step towards valuing utility the marginal and cardinal way. (CEP Discussion Papers CEPDP1062). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Dolan, Paul, Krekel, Christian, Shreedhar, Ganga, Lee, Helen, Marshall, Claire, Smith, Allison (2021). Happy to help: the welfare effects of a nationwide micro-volunteering programme. (CEP Discussion Papers 1772). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Krekel, Christian, MacKerron, George (2023). Back to Edgeworth? Estimating the value of time using hedonic experiences. (CEP Discussion Papers CEPDP1932). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Krekel, Christian, Shreedhar, Ganga, Lee, Helen, Marshall, Claire, Boler, Alison, Smith, Allison, Dolan, Paul (2024). Happy to help: welfare effects of a nationwide volunteering programme. Review of Economics and Statistics, 1-64. https://doi.org/10.1162/rest_a_01533 picture_as_pdf
  • Lades, Leonhard K., Zawojska, Ewa, Johnston, Robert J., Hanley, Nick, Delaney, Liam, Czajkowski, Mikołaj (2025). Anomalies or expected behaviors? Understanding stated preferences and welfare implications in light of contemporary behavioral economics. Review of Environmental Economics and Policy, 19(1), 48 - 68. https://doi.org/10.1086/732191
  • Layard, Richard, Clark, Andrew E., De Neve, Jan-Emmanuel, Krekel, Christian, Fancourt, Daisy, Hey, Nancy, O'Donnell, Gus (2020). When to release the lockdown: a wellbeing framework for analysing costs and benefits. (CEP Occasional Papers 49). London School of Economics and Political Science. picture_as_pdf
  • Oparina, Ekaterina, Krekel, Christian, Srisuma, Sorawoot (2024). Talking therapy: impacts of a nationwide mental health service in England. (CEP Discussion Papers CEPDP1982). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • STICERD
  • Dasgupta, Partha, Maler, Karl-Goran (1998). Decentralization schemes, cost-benefit-analysis, and net national product as a measure of social well-being. (DEDPS 12). Suntory and Toyota International Centres for Economics and Related Disciplines.
  • Dietz, Simon, Bowen, Alex, Hepburn, Cameron, Hope, Chris, Ranger, Nicola, Stern, Nicholas (2006). On discounting non-marginal policy decisions and cost-benefit analysis of climate-change policy. (SSRN Research Paper 295). Social Science Research Network.
  • Sequeira, Sandra, Djankov, Simeon (2010). An empirical study of corruption in ports. (MPRA Paper). Munich Personal RePEc Archive.
  • Stern, Nicholas (2010). Presidential address: imperfections in the economics of public policy, imperfections in markets, and climate change. Journal of the European Economic Association, 8(2-3), 253-288. https://doi.org/10.1111/j.1542-4774.2010.tb00504.x
  • Urban and Spatial Programme
  • Ahlfeldt, Gabriel M., Maennig, Wolfgang, Steenbeck, Malte (2016). Après Nous le Déluge? Direct democracy and intergenerational conflicts in ageing societies. (CESifo Working Paper Series 5779). CESifo Group Munich.
  • Ahlfeldt, Gabriel M., Maennig, Wolfgang (2015). Homevoters vs. leasevoters: a spatial analysis of airport effects. Journal of Urban Economics, 87, 85-99. https://doi.org/10.1016/j.jue.2015.03.002 picture_as_pdf