The Discipline of Cost‐Benefit Analysis

  title={The Discipline of Cost‐Benefit Analysis},
  author={Amartya Sen},
  journal={The Journal of Legal Studies},
  pages={931 - 952}
  • A. Sen
  • Published 1 June 2000
  • Economics
  • The Journal of Legal Studies
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… 
Cost–benefit analysis (CBA) is much more philosophically interesting than has in general been recognized. Since it is the only well-developed form of applied consequentialism, it is a testing-ground
Cost-Benefit Analysis, Incommensurability and Rough Equality
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
Cost-Benefit Analysis
Every society is facing a number of risks and their regulation requires many considerations. From an economic standpoint, it can be said that risks impose a cost on society. Avoiding and regulating
Cost-Benefit Analysis
Cost-benefit analysis (CBA) is one of three criteria by which the goals of environmental regulation can be set. (The other two are feasibility and health-based standards.) The term refers to any
Is Cost-Benefit Analysis Neutral?
Cost-benefit analysis (CBA) owes much of its appeal to its image as a neutral principle for deciding upon the appropriate stringency of environmental, health, and safety regulation. This article
Economic Evaluation in an Age of Uncertainty
Enabling value judgements about policies and programmes is one of evaluation's central tasks. There is, however, little consensus on how evaluators should accomplish this task. The traditional
Value Typology in Cost-Benefit Analysis
Cost-benefit analysis (CBA) evaluates actions in terms of negative consequences (costs) and positive consequences (benefits). Though much has been said on CBA, little attention has been paid to the