Value adult learning: comparing wellbeing valuation to contingent valuation

Publication type

Research Paper

Series Number

85

Series

BIS Research Paper

Authors

Publication date

November 12, 2012

Summary:

Uses data from the British Household Panel Survey to assess how the benefits of adult learning for society and for those who receive it. Economists think about individual benefits in terms of changes in utility and money, to compare the costs of adult learning with its benefits. Explores both experienced utility, where adult learning makes people think and feel better about life, and decision utility, adult learning is something people desire, and compares the results generated by each.

Subjects

Link

https://www.gov.uk/government/publications/valuing-adult-learning-comparing-wellbeing-valuation-and-contingent-valuation

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