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Cost-Benefit Analysis and the Classical Creed

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  • Joseph Persky

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Suggested Citation

  • Joseph Persky, 2001. "Cost-Benefit Analysis and the Classical Creed," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 199-208, Fall.
  • Handle: RePEc:aea:jecper:v:15:y:2001:i:4:p:199-208
    Note: DOI: 10.1257/jep.15.4.199
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.15.4.199
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    References listed on IDEAS

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    1. Tullock, Gordon, 1970. "A Simple Algebraic Logrolling Model," American Economic Review, American Economic Association, vol. 60(3), pages 419-426, June.
    2. T. de Scitovszky, 1941. "A Note on Welfare Propositions in Economics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 9(1), pages 77-88.
    3. Stratmann, Thomas, 1992. "The Effects of Logrolling on Congressional Voting," American Economic Review, American Economic Association, vol. 82(5), pages 1162-1176, December.
    4. Knetsch, Jack L, 1989. "The Endowment Effect and Evidence of Nonreversible Indifference Curves," American Economic Review, American Economic Association, vol. 79(5), pages 1277-1284, December.
    5. Little, Ian M D, 1985. "Were the Ordinalists Wrong about Welfare Economics? A Comment," Journal of Economic Literature, American Economic Association, vol. 23(3), pages 1186-1188, September.
    6. J. R. Hicks, 1941. "The Rehabilitation of Consumers' Surplus," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 8(2), pages 108-116.
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    Citations

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    Cited by:

    1. Richard B. Howarth & Matthew A. Wilson, 2006. "A Theoretical Approach to Deliberative Valuation: Aggregation by Mutual Consent," Land Economics, University of Wisconsin Press, vol. 82(1), pages 1-16.
    2. Carolyn Kousky & Erzo Luttmer & Richard Zeckhauser, 2006. "Private investment and government protection," Journal of Risk and Uncertainty, Springer, vol. 33(1), pages 73-100, September.
    3. Hyard, Alexandra, 2012. "Cost-benefit analysis according to Sen: An application in the evaluation of transport infrastructures in France," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 707-719.
    4. Cole, Scott, 2012. "Equity over Efficiency: A Problem of Credibility in Scaling Resource-Based Compensatory?," CERE Working Papers 2012:12, CERE - the Center for Environmental and Resource Economics.
    5. Eric Rasmusen, 2012. "Internalities and paternalism: applying the compensation criterion to multiple selves across time," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(4), pages 601-615, April.
    6. Daniela Zirra & Alexandra Perju-Mitran & George Căruţaşu & Alexandru Pîrjan & Eugen Gabriel Garais, 2020. "An Analysis of the Socio-Economic and Human Life Impact of Implementing the eCall In Vehicle System (IVS) in the Purpose of Ensuring Sustainable, Improved Rescue Operations on European Roads," Sustainability, MDPI, vol. 12(13), pages 1-23, July.
    7. Thomas Dietz & Paul C. Stern & Amy Dan, 2009. "How Deliberation Affects Stated Willingness to Pay for Mitigation of Carbon Dioxide Emissions: An Experiment," Land Economics, University of Wisconsin Press, vol. 85(2), pages 329-347.
    8. Kono, Tatsuhito & Kishi, Akio, 2018. "What is an appropriate welfare measure for efficiency of local public policies inducing migration?," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 25-35.
    9. Pythagoras Petratos, 2015. "Infrastructure and Financial Innovation," Economic Affairs, Wiley Blackwell, vol. 35(3), pages 471-478, October.
    10. Elchanan Cohn, 2003. "Benefit-Cost Analysis: A Pedagogical Note," Public Finance Review, , vol. 31(5), pages 534-549, September.
    11. Niek Mouter & Paul Koster & Thijs Dekker, 2019. "An introduction to Participatory Value Evaluation," Tinbergen Institute Discussion Papers 19-024/V, Tinbergen Institute, revised 15 Dec 2019.
    12. World Bank, 2005. "Primer on Demand-Side Management : With an Emphasis on Price-Responsive Programs," World Bank Publications - Reports 8252, The World Bank Group.

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    More about this item

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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