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The Methodology of Benefit-Cost Analysis with Particular Reference to the CFC Program

Mishan, Ezra and Page, Talbot (1979) The Methodology of Benefit-Cost Analysis with Particular Reference to the CFC Program. Social Science Working Paper, 249. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechAUTHORS:20171018-133816286

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Abstract

This paper is a preliminary investigation of some critical concepts of allocative economics to determine the extent to which benefit-cost analysis of the CFC problem can make an economic contribution to the decision-making processes of society. If our conclusions are, in the main, correct, they will act inevitably to weaken the faith that can be reposed in a benefit-cost analysis or, at least, to restrict its range of application.


Item Type:Report or Paper (Working Paper)
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http://resolver.caltech.edu/CaltechAUTHORS:20171120-160110069Related ItemPublished Version
Additional Information:Published as Mishan, Ezra J., and Talbot Page. "The Methodology of Benefit-Cost Analysis with Particular Reference to the CFC Program." The Economics of Managing Chlorofluorocarbons: Stratospheric Ozone and Climate Issues (1982).
Group:Social Science Working Papers
Record Number:CaltechAUTHORS:20171018-133816286
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20171018-133816286
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82460
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:19 Oct 2017 19:53
Last Modified:21 Nov 2017 00:23

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