Only a Poor Workman Blames His Tools: On Uses and Abuses of Benefit-Cost Analysis in Regulatory Decision Making About the Environment
11 Pages Posted: 21 Nov 2010
Date Written: November 11, 2009
Argues that benefit cost analysis is too imprecise to fine tune environmental regulations, but is useful for establishing priorities and convincing skeptics (particularly Republicans).
Keywords: Cost Benefit Analysis
JEL Classification: D61, D73
Suggested Citation: Suggested Citation