Cost-Benefit Analysis¶
Mishan, E. J. (1971). Cost-Benefit Analysis: An Introduction. Praeger Publishers.
Cited by¶
3 citations across 3 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Cost–Benefit Analysis
- Opportunity Cost
- A cost-benefit analysis of a new highway must include the opportunity cost: what is the next-best use of the $1B capital and the land, and how does the highway's benefit compare?
This sourceComprehensive systematic textbook of CBA methodology; influential in institutionalizing CBA frameworks across applied policy analysis.
- A cost-benefit analysis of a new highway must include the opportunity cost: what is the next-best use of the $1B capital and the land, and how does the highway's benefit compare?
Domain-specific¶
- Kaldor-Hicks Efficiency
- And because no compensation is required, real losers remain real losers even when the criterion pronounces the change efficient — a distributional silence that critics from Mishan (1971) onward have pressed against the criterion's normative authority
This sourceCost-benefit primer noting that the potential-Pareto test disregards actual compensation and that its verdicts need a separate check for regressive distributional effects.
Supported in partVerified against the source
- And because no compensation is required, real losers remain real losers even when the criterion pronounces the change efficient — a distributional silence that critics from Mishan (1971) onward have pressed against the criterion's normative authority
Verification¶
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