On the impossibility of using “the correct” cost–benefit aggregation rule
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DOI: 10.1108/JES-06-2019-0269
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Keywords
Ex-ante impact assessment; Cost-benefit analysis; Environmental capital; Human capital; Life cycle cost analysis; Net present value; Benefit-cost ratio; Internal rate of return; Payback; Multiple criteria evaluation; G11; H43; I26; O22; Q01;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- I26 - Health, Education, and Welfare - - Education - - - Returns to Education
- O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
- Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
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