, 2003 9:34 PM
To: [EMAIL PROTECTED]
Subject: RE: Cost benefit analysis
Fred,
You completely misunderstand my point. If a cost benefit analysis
is presented it makes very clear what the assumptions are that lead to
the policy conclusions. Thus any debate of the question is going to be
much better
Hi Fred,
Yes, that is a good question. I think the answer is that it does
take a fairly sophisticated economist to write a cost-benefit analysis,
but it doesn't take much savvy to know when one is badly biased. Anyone
knowledgeable about the topic - - even if they have only a minimal
William Dickens wrote:
For what its
worth, it is the pro-regulation, pro-environment, pro-safety crowd that
are the most ardent critics of CBA. If you are a libertarian I think
that CBA is more often that not your friend. But that is another
story... - - Bill Dickens
This is a very
Does anyone know how often CBA is actually used in making
policy? What percent of the federal budget (or state or local) has been
determined by CBA?Cyril Morong
I'm sure it's used frequently. It's
probablyapplied something like this: "what's the minimum amount of
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-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]
Sent: Tuesday, February 11, 2003
11:16 PM
To: [EMAIL PROTECTED]
Subject: Cost benefit analysis
Does anyone know how often CBA is actually
, February 13, 2003
9:56 AMTo: [EMAIL PROTECTED]Cc:
[EMAIL PROTECTED]Subject: RE: Cost benefit
analysis
In defense you can say
that almost all of the weapons related spending (Procurement and RDTE
budget almost half of the budget when you consider the spare purchases) is
accomplished having gone
If I were teaching intermediate micro, I think I would begin by asking
students why they consume less of x when its price rises. Presumably
most would say that they would switch to other products. Then I would
ask them to consider a world with only ONE good. Obviously with only
one good, price
and
objectivity of CBA?
Walt Warnick
-Original Message-
From: Driessnack, John [mailto:[EMAIL PROTECTED]]
Sent: Thursday, February 13, 2003 9:56 AM
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED]
Subject: RE: Cost benefit analysis
In defense you can say that almost all
Fred,
You completely misunderstand my point. If a cost benefit analysis
is presented it makes very clear what the assumptions are that lead to
the policy conclusions. Thus any debate of the question is going to be
much better informed and much more closely focused on the issues that
matter
From: William Dickens
Fred,
You completely misunderstand my point. If a cost benefit analysis
is presented it makes very clear what the assumptions are that lead to
the policy conclusions.
Bill,
I don't think I completely misunderstood. I do apologize, however, as I
allow myself
Depends on what you mean by used in making policy. As far as I know
there are no decisions which are based solely on cost-benefit analysis.
Budgeting is done by legislatures so if CBA plays any role there it is
in influencing the decisions of legislators. CBA is most commonly used
in making
Does anyone know how often CBA is actually used in making policy? What percent of the federal budget (or state or local) has been determined by CBA?
Cyril Morong
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