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Robert Scott Farrow

Personal Details

First Name:Robert
Middle Name:Scott
Last Name:Farrow
RePEc Short-ID:pfa208
Terminal Degree:1983 School of Economic Sciences; Washington State University (from RePEc Genealogy)


Economics Department
University of Maryland-Baltimore County

Baltimore, Maryland (United States)
RePEc:edi:edumbus (more details at EDIRC)

Research output

Jump to: Working papers Articles Chapters Books

Working papers

  1. Peter B. Dixon & Maureen T. Rimmer & Scott Farrow, 2021. "Modeling the economic effects of increased drop-out rates from high school," Centre of Policy Studies/IMPACT Centre Working Papers g-321, Victoria University, Centre of Policy Studies/IMPACT Centre.
  2. Scott Farrow, 2014. "Residual Risk Accounting: A Pilot Study of the Coastal Sector," UMBC Economics Department Working Papers 14-01, UMBC Department of Economics.
  3. Scott Farrow & Jackson Costa, 2013. "Slot Machine Payback Percentages: The Devil is in the Moment," UMBC Economics Department Working Papers 13-07, UMBC Department of Economics.
  4. Scott Farrow, 2013. "How (not) to Lie with Benefit-Cost Analysis," UMBC Economics Department Working Papers 13-04, UMBC Department of Economics.
  5. Scott Farrow, 2012. "Evaluating Central Regulatory Institutions with an Application to the U.S. Office of Information and Regulatory Affairs," UMBC Economics Department Working Papers 12-01, UMBC Department of Economics.
  6. Scott Farrow & Michael Scott, 2011. "Estimating The Ex-Ante Willingness to Pay for Flood Protection," UMBC Economics Department Working Papers 11-131, UMBC Department of Economics.
  7. Scott Farrow & Judith Shinogle, 2010. "Are There Net State Social Benefits or Costs from Legalizing Slot Machine Gambling?," UMBC Economics Department Working Papers 10-128, UMBC Department of Economics.
  8. Scott Farrow, 2009. "Incorporating Equity in Regulatory and Benefit-Cost Analysis Using Risk Based Preferences," UMBC Economics Department Working Papers 09-117, UMBC Department of Economics.
  9. Toman, Michael & Farrow, Scott, 1998. "Using Environmental Benefit-Cost Analysis to Improve Government Performance," Discussion Papers dp-99-11, Resources For the Future.


  1. Farrow, Scott & von Winterfeldt, Detlof, 2020. "Retrospective Benefit–Cost Analysis of Security-Enhancing and Cost-Saving Technologies," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 11(3), pages 479-500, October.
  2. Detlof von Winterfeldt & R. Scott Farrow & Richard S. John & Jonathan Eyer & Adam Z. Rose & Heather Rosoff, 2020. "Assessing the Benefits and Costs of Homeland Security Research: A Risk‐Informed Methodology with Applications for the U.S. Coast Guard," Risk Analysis, John Wiley & Sons, vol. 40(3), pages 450-475, March.
  3. Farrow, Scott & Rose, Adam, 2018. "Welfare Analysis: Bridging the Partial and General Equilibrium Divide for Policy Analysis," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 9(1), pages 67-83, April.
  4. Scott Farrow, 2016. "Residual Risk Accounting: A Pilot Study," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(4), pages 775-784, December.
  5. Farrow, Scott, 2015. "Adding Value with Benefit-Cost Analysis: Forecasting Net Social Benefit from Impacts of Slot Machine Gambling in Maryland," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 6(2), pages 281-304, July.
  6. Scott Farrow, 2014. "Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies," Regional Studies, Taylor & Francis Journals, vol. 48(12), pages 2020-2021, December.
  7. Robert Scott Farrow & Jackson Costa, 2014. "Slot Machine Payback Percentages: The Devil is in the MomentS," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 8(2), pages 55-71.
  8. Farrow Scott, 2013. "How (Not) to Lie with Benefit-Cost Analysis," The Economists' Voice, De Gruyter, vol. 10(1), pages 45-50, December.
  9. Farrow Scott & Larson Douglas M., 2012. "News and Social Cost: The Case of Oil Spills and Distant Viewers," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(4), pages 1-24, December.
  10. Scott Farrow, 2011. "Incorporating Equity in Regulatory and Benefit‐Cost Analysis Using Risk‐Based Preferences," Risk Analysis, John Wiley & Sons, vol. 31(6), pages 902-907, June.
  11. Farrow Scott & Viscusi W. Kip, 2011. "Towards Principles and Standards for the Benefit-Cost Analysis of Safety," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(3), pages 1-25, August.
  12. Haveman Robert H. & Farrow Scott, 2011. "Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-9, April.
  13. Farrow Scott, 2010. "Introduction to Inaugural Issue," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-3, July.
  14. Farrow Scott & Shapiro Stuart, 2009. "The Benefit-Cost Analysis of Security Focused Regulations," Journal of Homeland Security and Emergency Management, De Gruyter, vol. 6(1), pages 1-22, April.
  15. Scott Farrow, 2007. "The Economics Of Homeland Security Expenditures: Foundational Expected Cost‐Effectiveness Approaches," Contemporary Economic Policy, Western Economic Association International, vol. 25(1), pages 14-26, January.
  16. Scott Farrow, 2007. "Economics At The Gao," Contemporary Economic Policy, Western Economic Association International, vol. 25(1), pages 1-2, January.
  17. R. Scott Farrow & Martin T. Schultz & Pinar Celikkol & George L. Van Houtven, 2005. "Pollution Trading in Water Quality Limited Areas: Use of Benefits Assessment and Cost-Effective Trading Ratios," Land Economics, University of Wisconsin Press, vol. 81(2).
  18. Scott Farrow, 2004. "Using Risk Assessment, Benefit‐Cost Analysis, and Real Options to Implement a Precautionary Principle," Risk Analysis, John Wiley & Sons, vol. 24(3), pages 727-735, June.
  19. E. Y. Wong & R. A. Ponce & S. Farrow & S. M. Bartell & R. C. Lee & E. M. Faustman, 2003. "Comparative Risk and Policy Analysis in Environmental Health," Risk Analysis, John Wiley & Sons, vol. 23(6), pages 1337-1349, December.
  20. Michael L. Dekay & Mitchell J. Small & Paul S. Fischbeck & R. Scott Farrow & Alison Cullen & Joseph B. Kadane & Lester B. Lave & M. Granger Morgan & Kazuhisa Takemura, 2002. "Risk-based decision analysis in support of precautionary policies," Journal of Risk Research, Taylor & Francis Journals, vol. 5(4), pages 391-417, October.
  21. Farrow, Scott, 2001. "Encountering the Past in Nature: Essays in Environmental History. Edited by Timo Myllyntaus and Mikko Saikku. Athens: Ohio University Press, 2001 (Revised Edition). Pp. xix, 166. $16.95, paper," The Journal of Economic History, Cambridge University Press, vol. 61(3), pages 868-869, September.
  22. Farrow, Scott & Morel, Benoit, 2001. "Continuation rights, precautionary principle, and global change," Risk, Decision and Policy, Cambridge University Press, vol. 6(3), pages 145-155, December.
  23. Farrow, Scott, 1999. "The duality of taxes and tradable permits: A survey with applications in Central and Eastern Europe," Environment and Development Economics, Cambridge University Press, vol. 4(4), pages 519-535, October.
  24. Farrow, Scott, 1998. "Environmental equity and sustainability: rejecting the Kaldor-Hicks criteria," Ecological Economics, Elsevier, vol. 27(2), pages 183-188, November.
  25. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
  26. Farrow, Scott, 1995. "The dual political economy of taxes and tradable permits," Economics Letters, Elsevier, vol. 49(2), pages 217-220, August.
  27. Farrow, Scott, 1995. "Extinction and market forces: two case studies," Ecological Economics, Elsevier, vol. 13(2), pages 115-123, May.
  28. Farrow, Scott & Krautkraemer, Jeffrey A., 1991. "Economic indicators of resource scarcity: Comment," Journal of Environmental Economics and Management, Elsevier, vol. 21(2), pages 190-194, September.
  29. Farrow, Scott, 1991. "Does Analysis Matter? Economics and Planning in the Department of the Interior," The Review of Economics and Statistics, MIT Press, vol. 73(1), pages 172-176, February.
  30. Farrow, Scott & Krautkraemer, Jeffrey A., 1989. "Extraction at the intensive margin : Metal supply and grade selection in response to anticipated and unanticipated price changes," Resources and Energy, Elsevier, vol. 11(1), pages 1-21, March.
  31. Farrow, Scott, 1987. "Does area-wide offshore leasing decrease bonus revenues?," Resources Policy, Elsevier, vol. 13(4), pages 289-294, December.
  32. Farrow, Scott, 1987. "Lease delay rights : Market valued permits and offshore leasing," Resources Policy, Elsevier, vol. 13(2), pages 113-122, June.
  33. Farrow, Scott, 1985. "Testing the Efficiency of Extraction from a Stock Resource," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 452-487, June.


  1. Scott Farrow, 2018. "Simulation: Incorporating uncertainty," Chapters, in: Scott Farrow (ed.), Teaching Benefit-Cost Analysis, chapter 19, pages 232-238, Edward Elgar Publishing.
  2. Scott Farrow, 2015. "A comparison of key benefit estimation issues for natural hazards and terrorism: ex ante/ex post valuation and endogenous risk," Chapters, in: Carol Mansfield & V. K. Smith (ed.), Benefit–Cost Analyses for Security Policies, chapter 6, pages 140-154, Edward Elgar Publishing.
  3. Scott Farrow & W. Kip Viscusi, 2013. "Towards principles and standards for the benefit–cost analysis of safety," Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 5, pages 172-193, Edward Elgar Publishing.


  1. Scott Farrow (ed.), 2018. "Teaching Benefit-Cost Analysis," Books, Edward Elgar Publishing, number 17562.
  2. Scott O. Farrow & Richard Zerbe, Jr. (ed.), 2013. "Principles and Standards for Benefit–Cost Analysis," Books, Edward Elgar Publishing, number 15126.

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NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 3 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-ENV: Environmental Economics (1) 2006-01-24
  2. NEP-ISF: Islamic Finance (1) 2021-09-27
  3. NEP-REG: Regulation (1) 2010-05-29
  4. NEP-URE: Urban & Real Estate Economics (1) 2021-09-27


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