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The Resource New foundations of cost-benefit analysis, Matthew D. Adler, Eric A. Posner

New foundations of cost-benefit analysis, Matthew D. Adler, Eric A. Posner

Label
New foundations of cost-benefit analysis
Title
New foundations of cost-benefit analysis
Statement of responsibility
Matthew D. Adler, Eric A. Posner
Creator
Contributor
Subject
Language
eng
Summary
  • "Cost-benefit analysis (CBA) has been an important policy tool of government since the 1980s, when the Reagan administration ordered that all major new regulations be subjected to a rigorous test of whether their projected benefits would outweigh their costs. Not surprisingly, CBA has been criticized by many who claim that it neglects, especially on the benefit side, important values that are hard to measure. In this book, the authors reconceptualize cost-benefit analysis, arguing that its objective should be overall well-being rather than economic efficiency. They show why the link between preferences and well-being is more complicated than economists have thought. Satisfying a person's preference for some outcome is welfare-enhancing only if he or she is self-interested and well-informed. Also, cost-benefit analysis is not a super-procedure but simply a way to identify welfare-maximizing policies. A separate kind of analysis is required to weigh rights and equal treatment. This book not only places cost-benefit analysis on a firmer theoretical foundation, but also has many practical implications for how government agencies should undertake cost-benefit studies."--Publisher's website
  • "In this book, the authors reconceptualize cost-benefit analysis, arguing that its objective should be overall well-being rather than economic efficiency. They show why the link between preferences and well-being is more complicated than economists have thought. This book not only places cost-benefit analysis on a firmer theoretical foundation, but also has many practical implications for how government agencies should undertake cost-benefit studies."--Jacket
Cataloging source
DLC
http://library.link/vocab/creatorName
Adler, Matthew D
Illustrations
illustrations
Index
index present
LC call number
HD47.4
LC item number
.A35 2006
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1965-
http://library.link/vocab/relatedWorkOrContributorName
Posner, Eric A.
http://library.link/vocab/subjectName
  • Cost effectiveness
  • Decision making
  • Public administration
  • Cost effectiveness
  • Decision making
  • Public administration
  • Kosten-Nutzen-Analyse
  • Verwaltung
  • Kosten-Nutzen-Analyse
  • Nutzen-Kosten-Analyse
  • Entscheidungsfindung
  • Wohlfahrtstheorie
  • Öffentliche Ausgaben
  • Cost effectiveness
  • Decision making
  • Public administration
Label
New foundations of cost-benefit analysis, Matthew D. Adler, Eric A. Posner
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 193-227) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
The traditional view -- The moral foundation of cost-benefit analysis -- Cost-benefit analysis as a decision procedure -- Political oversight -- Distorted preferences -- Objections
Control code
65187391
Dimensions
25 cm
Extent
x, 236 pages
Isbn
9780674022799
Lccn
2006043377
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)65187391
Label
New foundations of cost-benefit analysis, Matthew D. Adler, Eric A. Posner
Publication
Bibliography note
Includes bibliographical references (pages 193-227) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
The traditional view -- The moral foundation of cost-benefit analysis -- Cost-benefit analysis as a decision procedure -- Political oversight -- Distorted preferences -- Objections
Control code
65187391
Dimensions
25 cm
Extent
x, 236 pages
Isbn
9780674022799
Lccn
2006043377
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)65187391

Library Locations

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      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771354 -117.193327
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