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The social cost of carbon (SCC) quantifies the economic damage associated with emitting a ton of carbon dioxide into the atmosphere. Regulatory impact analyses from U.S. federal agencies utilize the ...
Forbes contributors publish independent expert analyses and insights. Fred L. Smith Jr. Fellow at the Competitive Enterprise Institute. Draft Report to Congress on the Benefits and Costs of Federal ...
This activity constitutes Phase 1 of a possible two-part effort directed towards guiding future benefit-cost studies, ensuring greater consistency and comparability across studies, and enhancing the ...
What is the true value of a policy project? For governments tasked with improving citizens’ lives while spending taxpayers’ money responsibly, this is no mere academic question. It lies at the heart ...
Why do people feel compelled to reciprocate when they receive a gift from someone? Also, why have humans found value in ...
A large new global study of project performance over 86 years confirms that ingrained optimism bias results in forecast-based cost-benefit analyses "so misleading as to be worse than worthless," say ...
Our country’s premier advocate for cost-benefit analysis has written about the coronavirus. He is Cass Sunstein, the Harvard law professor and former Obama White House regulatory guru. Of course you ...
The Midcontinent Independent System Operator’s benefit-cost analysis of a set of $10.3 billion transmission projects, approved last month, offers a framework for a national model in measuring ...