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Well-Being Analysis vs. Cost-Benefit Analysis
Cost-benefit analysis is the primary tool used by policymakers to inform administrative decisionmaking. Yet its methodology of converting preferences (often hypothetical ones) into dollar figures,Expand
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Hedonic Adaptation and the Settlement of Civil Lawsuits
This paper examines the burgeoning psychological literature on happiness and hedonic adaptation (a person's capacity to preserve or recapture her level of happiness by adjusting to changedExpand
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Unemployment and Regulatory Policy
In an earlier article, Regulation, Unemployment, and Cost-Benefit Analysis, we argued that regulatory agencies should incorporate the costs of unemployment into cost-benefit analyses of proposedExpand
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Real-time free viewpoint synthesis using three-camera disparity estimation hardware
In this paper, the first real-time high-resolution free viewpoint synthesis hardware utilizing three-camera disparity estimation is presented. Expand
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Happiness and Punishment
This article continues our project to apply groundbreaking new literature on the behavioral psychology of human happiness to some of the most deeply analyzed questions in law. Here we explain thatExpand
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Climate Regulation and the Limits of Cost-Benefit Analysis
Over the past two years U.S. regulatory agencies have issued fourteen regulations that take into account the effect of industrial activities and products on the global climate. The regulatoryExpand
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Against Feasibility Analysis
Feasibility analysis, a method of evaluating government regulations, has emerged as the major alternative to cost-benefit analysis. Although regulatory agencies have used feasibility analysis (inExpand
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Well-Being and Public Policy
Governments rely on certain basic economic metrics and tools to analyze prospective laws and policies and to monitor how well their countries are doing. For decades, critics of such economic measuresExpand
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Toward a Pigouvian State
Most economists believe that the government should impose Pigouvian taxes on firms that produce negative externalities like pollution, yet regulatory agencies hardly ever use their authority toExpand
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Raising the Stakes in Patent Cases
Defendants in patent infringement cases are permitted to defend on the grounds that the infringed upon patent is invalid. This defense, which we call a patent challenge, is intended to correct forExpand
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