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How (not) to Lie with Benefit-Cost Analysis

Listed author(s):
  • Scott Farrow

    ()

    (UMBC)

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.

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File URL: http://www.umbc.edu/economics/wpapers/wp_13_04.pdf
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Paper provided by UMBC Department of Economics in its series UMBC Economics Department Working Papers with number 13-04.

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Length: 7 pages
Date of creation: Mar 2013
Handle: RePEc:umb:econwp:1304
Contact details of provider: Postal:
UMBC Department of Economics 1000 Hilltop Circle Baltimore MD 21250, USA

Phone: 410-455-2160
Fax: 410-455-1054
Web page: http://www.umbc.edu/economics

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References listed on IDEAS
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  1. 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.
  2. 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.
  3. 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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