Daniel Acland
Biographic Data
| ID | 4180380 |
|---|---|
| NAME | Daniel Acland |
| GIVEN NAMES | Daniel |
| FAMILY NAME | Acland |
| SIGNATURE | ACLAND D |
| AFFILIATIONS | University of California, Berkeley |
| ORCID | 0000-0001-7698-6986 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 12 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2020 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 3 |
Practical issues in conducting distributional weighting in benefit‐cost analysis
A commonly expressed concern about distributional weighting in benefit‐cost analysis is that the informational burden is too high and the practical challenges insurmountable. In this paper, we address this concern by conducting distributional weighting on a number of real‐world examples, covering a range of different types of policy impacts. We uncover and explore a number of methodological issues that arise in the process of distributional weigh…
A population‐level approach to distributional weighting
Distributional weighting to address concerns about diminishing marginal utility of income in benefit–cost analysis has been the topic of increased interest in recent years. Concern has been expressed about the practicability of distributional weighting, given limitations on data and on the analytical capacities of agencies. This paper contributes to a small but growing literature that attempts to provide guidance and real‐world examples of distri…
Distributional weighting and welfare/equity tradeoffs
There are increasing calls for concrete suggestions on how to account for distributional impacts in policy analysis. Within the context of benefit-cost analysis, per se, one possibility is to apply “distributional weights,” to inflate costs and benefits experienced by poor or disadvantaged groups. We distinguish between “utility-weights,” intended to correct for the bias in willingness to pay caused by diminishing marginal utility of income, and …
The Elasticity of Marginal Utility of Income for Distributional Weighting and Social Discounting
Estimates of the elasticity of the marginal utility of income are necessary for determining distributional weights to correct for diminishing marginal utility of income, which is particularly important in light of increasing concern about accounting for distributional impacts in regulatory review. The elasticity is also necessary for computing the social discount rate using the Ramsey formula. Despite many attempts to estimate the elasticity of t…
What’s in, what’s out? Towards a rigorous definition of the boundaries of benefit-cost analysis
Benefit-cost analysis (BCA) is typically defined as an implementation of the potential Pareto criterion, which requires inclusion of any impact for which individuals have willingness to pay (WTP). This definition is incompatible with the exclusion of impacts such as rights and distributional concerns, for which individuals do have WTP. I propose a new definition: BCA should include only impacts for which consumer sovereignty should govern. This i…
Poverty, Irrationality, and the Value of Cash Transfers
It has been demonstrated that irrationality reduces the efficiency of individuals’ allocations, as measured by their “true” or rational preferences. There is also evidence that poverty increases irrationality of different sorts. As a result, the net benefit to society of a cash transfer from taxpayers to welfare recipients may not be zero. The fact that the transfer will be allocated less efficiently by the recipients than by the taxpayers will r…
United in States of Dissatisfaction
Partisan polarization is a central feature of American political life, and a robust literature has shown that citizens engage in partisan motivated reasoning when processing political information. At the same time, however, recent events have highlighted a rising tide of antigovernment sentiment among Democrats and Republicans alike. Using an original set of survey experiments, we find that citizens engage in confirmation bias when they encounter…
Distributional weighting and welfare/equity tradeoffs
There are increasing calls for concrete suggestions on how to account for distributional impacts in policy analysis. Within the context of benefit-cost analysis, per se, one possibility is to apply “distributional weights,” to inflate costs and benefits experienced by poor or disadvantaged groups. We distinguish between “utility-weights,” intended to correct for the bias in willingness to pay caused by diminishing marginal utility of income, and …
The Elasticity of Marginal Utility of Income for Distributional Weighting and Social Discounting
Estimates of the elasticity of the marginal utility of income are necessary for determining distributional weights to correct for diminishing marginal utility of income, which is particularly important in light of increasing concern about accounting for distributional impacts in regulatory review. The elasticity is also necessary for computing the social discount rate using the Ramsey formula. Despite many attempts to estimate the elasticity of t…
United in States of Dissatisfaction
Partisan polarization is a central feature of American political life, and a robust literature has shown that citizens engage in partisan motivated reasoning when processing political information. At the same time, however, recent events have highlighted a rising tide of antigovernment sentiment among Democrats and Republicans alike. Using an original set of survey experiments, we find that citizens engage in confirmation bias when they encounter…
Practical issues in conducting distributional weighting in benefit‐cost analysis
A commonly expressed concern about distributional weighting in benefit‐cost analysis is that the informational burden is too high and the practical challenges insurmountable. In this paper, we address this concern by conducting distributional weighting on a number of real‐world examples, covering a range of different types of policy impacts. We uncover and explore a number of methodological issues that arise in the process of distributional weigh…
A population‐level approach to distributional weighting
Distributional weighting to address concerns about diminishing marginal utility of income in benefit–cost analysis has been the topic of increased interest in recent years. Concern has been expressed about the practicability of distributional weighting, given limitations on data and on the analytical capacities of agencies. This paper contributes to a small but growing literature that attempts to provide guidance and real‐world examples of distri…
Poverty, Irrationality, and the Value of Cash Transfers
It has been demonstrated that irrationality reduces the efficiency of individuals’ allocations, as measured by their “true” or rational preferences. There is also evidence that poverty increases irrationality of different sorts. As a result, the net benefit to society of a cash transfer from taxpayers to welfare recipients may not be zero. The fact that the transfer will be allocated less efficiently by the recipients than by the taxpayers will r…
United in States of Dissatisfaction
Partisan polarization is a central feature of American political life, and a robust literature has shown that citizens engage in partisan motivated reasoning when processing political information. At the same time, however, recent events have highlighted a rising tide of antigovernment sentiment among Democrats and Republicans alike. Using an original set of survey experiments, we find that citizens engage in confirmation bias when they encounter…
Poverty, Irrationality, and the Value of Cash Transfers
It has been demonstrated that irrationality reduces the efficiency of individuals’ allocations, as measured by their “true” or rational preferences. There is also evidence that poverty increases irrationality of different sorts. As a result, the net benefit to society of a cash transfer from taxpayers to welfare recipients may not be zero. The fact that the transfer will be allocated less efficiently by the recipients than by the taxpayers will r…
What’s in, what’s out? Towards a rigorous definition of the boundaries of benefit-cost analysis
Benefit-cost analysis (BCA) is typically defined as an implementation of the potential Pareto criterion, which requires inclusion of any impact for which individuals have willingness to pay (WTP). This definition is incompatible with the exclusion of impacts such as rights and distributional concerns, for which individuals do have WTP. I propose a new definition: BCA should include only impacts for which consumer sovereignty should govern. This i…
Distributional weighting and welfare/equity tradeoffs
There are increasing calls for concrete suggestions on how to account for distributional impacts in policy analysis. Within the context of benefit-cost analysis, per se, one possibility is to apply “distributional weights,” to inflate costs and benefits experienced by poor or disadvantaged groups. We distinguish between “utility-weights,” intended to correct for the bias in willingness to pay caused by diminishing marginal utility of income, and …
The Elasticity of Marginal Utility of Income for Distributional Weighting and Social Discounting
Estimates of the elasticity of the marginal utility of income are necessary for determining distributional weights to correct for diminishing marginal utility of income, which is particularly important in light of increasing concern about accounting for distributional impacts in regulatory review. The elasticity is also necessary for computing the social discount rate using the Ramsey formula. Despite many attempts to estimate the elasticity of t…
Practical issues in conducting distributional weighting in benefit‐cost analysis
A commonly expressed concern about distributional weighting in benefit‐cost analysis is that the informational burden is too high and the practical challenges insurmountable. In this paper, we address this concern by conducting distributional weighting on a number of real‐world examples, covering a range of different types of policy impacts. We uncover and explore a number of methodological issues that arise in the process of distributional weigh…
A population‐level approach to distributional weighting
Distributional weighting to address concerns about diminishing marginal utility of income in benefit–cost analysis has been the topic of increased interest in recent years. Concern has been expressed about the practicability of distributional weighting, given limitations on data and on the analytical capacities of agencies. This paper contributes to a small but growing literature that attempts to provide guidance and real‐world examples of distri…
Economic and Environmental Valuation (5 works) · Economics (5 works) · Computer Science (4 works) · Microeconomics (4 works) · Political science (4 works) · Weighting (4 works) · Health Systems, Economic Evaluations, Quality of Life (3 works) · Law (3 works) · Mathematics (3 works) · Public economics (3 works)