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New foundations of cost-benefit analysis

Author: Matthew D Adler; Eric A Posner
Publisher: Cambridge, Mass. : Harvard University Press, 2006.
Edition/Format:   Print book : EnglishView all editions and formats
"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

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Additional Physical Format: Online version:
Adler, Matthew D.
New foundations of cost-benefit analysis.
Cambridge, Mass. : Harvard University Press, 2006
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Matthew D Adler; Eric A Posner
ISBN: 0674022793 9780674022799
OCLC Number: 65187391
Description: x, 236 pages : illustrations ; 25 cm
Contents: The traditional view --
The moral foundation of cost-benefit analysis --
Cost-benefit analysis as a decision procedure --
Political oversight --
Distorted preferences --
Responsibility: Matthew D. Adler, Eric A. Posner.
More information:


In this book, the authors reconceptualize cost-benefit analysis, arguing that its objective should be overall well-being rather than economic efficiency. This book not only places cost-benefit  Read more...


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