Welfare weights: Selecting public projects to benefit different income classes.

In economic development, leaders are often faced with tough decisions between two or more worthwhile projects. Different criteria exist to guide those leaders in their decision-making process. This paper describes the welfare weights technique, which is useful for determining which income groups benefit most from a public project. If leaders decide to favour projects benefiting lower-income groups, the welfare weights technique enhances the project selection process by identifying which groups benefit most from a particular project. [ABSTRACT FROM AUTHOR]