Cost-Benefit Analysis, Incommensurability and Rough Equality

  title={Cost-Benefit Analysis, Incommensurability and Rough Equality},
  author={Jonathan Aldred},
  journal={Environmental Values},
A recurring question about cost-benefit analysis (CBA) concerns its scope. CBA is a decision-making method frequently employed in environmental policy-making, in which things which have no market price are treated as if they were commodities. They are given a monetary value, a form of price. But it is widely held that some things cannot be meaningfully priced, thus substantially limiting the scope of CBA. The aim of this paper is to test some aspects of this broad claim, focusing on problems of… 
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