Benefit Cost Analysis

Economics of the Environment

Robert Stavins | Posted 03.31.2012

Robert Stavins

The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London. Throug...

Too Good To Be True?

Robert Stavins | Posted 05.25.2011

Robert Stavins

I had thought that arguments about massive "free lunches" in the energy efficiency and climate domain had long since been laid to rest. The debates in California (and some of the rhetoric in Washington) prove otherwise.

Reforming Regulatory Benefit-Cost Analysis

Mark Kleiman | Posted 05.25.2011

Mark Kleiman

The benefit-cost analysis practiced in the regulatory process - what I teach my students to call "forensic" benefit-cost - differs in three ways from ideal, or armchair, benefit-cost.