How (not) to Lie with Benefit-Cost Analysis
Benefit-cost analysis is seen by some as a controversial activity in which the analyst can significantly bias the results. This note highlights some of the ways that analysts can "lie" in a benefit-cost analysis but more importantly, provides guidance on how not to lie and how to better inform public decisionmakers.
|Date of creation:||Mar 2013|
|Contact details of provider:|| Postal: UMBC Department of Economics 1000 Hilltop Circle Baltimore MD 21250, USA|
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- Scott O. Farrow & Richard Zerbe, Jr. (ed.), 2013. "Principles and Standards for Benefit–Cost Analysis," Books, Edward Elgar Publishing, number 15126.
- Richard O. Zerbe & Tyler Blake Davis & Nancy Garland & Tyler Scott, 2013. "Conclusion: principles and standards for benefit–cost analysis," Chapters, in: Principles and Standards for Benefit–Cost Analysis, chapter 11, pages 364-443 Edward Elgar Publishing.
- Farrow, Scott & Viscusi, W. Kip, 2011.
"Towards Principles and Standards for the Benefit-Cost Analysis of Safety,"
Journal of Benefit-Cost Analysis,
Cambridge University Press, vol. 2(03), pages 1-25, August.
- 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.
- Scott Farrow & W. Kip Viscusi, 2013. "Towards principles and standards for the benefit–cost analysis of safety," Chapters, in: Principles and Standards for Benefit–Cost Analysis, chapter 5, pages 172-193 Edward Elgar Publishing.
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