This paper provides a critique of techiniques for estimating distributional weights using the revealed preference (imputational) approach. Stochastic versus deterministic methods are contrasted and a preference for the stochastic methodology is indicated. It argues that Probit is the most...

It is now almost accepted practice that distributional weights be incorporated into cost-benefit criteria. While there are still major dissenters on this issue, notably Harberger, the relevant questions now involve the nature of the weights themselves. A number of alternative formulations have...

To date, the distinction between money income and utility income has been recognized only in an efficiency context. This article argues that it is also significant in an income redistribution context and can be used to identify the form which such redistribution is to take, cash or kind. To...