Benefit-Cost Analysis: Its Relevance to Public Investment Decisions
The Quarterly Journal of Economics · 1966 · Volume 80 · Issue 2
Abstract
What is the problem? 208. — Have benefits been overestimated? 211. — How did we get to where we are? 212. — What changes in welfare economics theory are needed? 213. — What is the evidence that trade-offs can be determined? 218. —The lesson, 225.
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