The Discipline of Cost‐Benefit Analysis
@article{Sen2000TheDO, title={The Discipline of Cost‐Benefit Analysis}, author={Amartya Sen}, journal={The Journal of Legal Studies}, year={2000}, volume={29}, pages={931 - 952} }
Cost‐benefit analysis is a general discipline, based on the use of some foundational principles, which are not altogether controversial, but have nevertheless considered plausibility. Divisiveness increases as various additional requirements are imposed. There is a trade‐off here between easier usability (through locked‐up formulae) and more general acceptability (through allowing parametric variations). The paper examines and scrutinizes the merits and demerits of these additional requirements…
261 Citations
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