Luechinger Simon

Calculating Tragedy: Assessing the Costs of Terrorism Publication Archived

The trends and consequences of terrorist activities are often captured by counting the number of incidents and casualties. More recently, the effects of terrorist acts on various aspects of the economy have been analyzed. These costs are su...

Valuing Public Goods: The Life Satisfaction Approach Publication Archived

This paper discusses a novel approach to elicit people?s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The streng...