On the Feasibility of Benefit-Cost Analysis

Public Policy, Vol. XXXIX, No. 2, Spring 1981

8 Pages Posted: 4 Apr 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Abstract

The correct conduct of benefit-cost analyses requires that consistency be maintained between benefit-cost measures and rationing-supply acquisition policies. This article demonstrates the technical and political difficulties that are associated with maintaining this required consistency. Given these difficulties, we question the feasibility of conducting correctly benefit-cost studies.

Keywords: Benefit Cost Analysis, Feasibility, Public Policy, Measures, Rationing Supply Acquisition

Suggested Citation

Hanke, Steve H., On the Feasibility of Benefit-Cost Analysis. Public Policy, Vol. XXXIX, No. 2, Spring 1981. Available at SSRN: https://ssrn.com/abstract=2245214

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
14
Abstract Views
203
PlumX Metrics