Cost-Benefit Analysis: Definition, Justification, and Comment on Conference Papers
Posted: 24 Jan 2001
Abstract
In this comment on the conference papers, Judge Posner argues for a pragmatic construal and defense of cost-benefit analysis, demonstrating the benefit of such analysis; responding to specific criticisms of, and suggested changes in, the analysis; and emphasizing that the value of such analysis as an evaluative and decision tool for social and economic policy making does not depend on the resolution of philosophical problems.
Suggested Citation: Suggested Citation
Posner, Richard A., Cost-Benefit Analysis: Definition, Justification, and Comment on Conference Papers. Available at SSRN: https://ssrn.com/abstract=231105
Richard A. Posner (Contact Author)
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