How (Not) to Lie with Benefit-Cost Analysis

Robert Farrow

The Economists' Voice, 2013, vol. 10, issue 1, 45-50

Abstract: Benefit-cost analysis is the applied side of welfare economics. Its broad use in support of public decisions draws both detractors and defenders. This tongue-in-cheek piece demonstrates that knowing how to lie provides insights into how not to lie; we assume the former is always accidental among economists and we hope it is so for others.

Keywords: benefit-cost; policy; welfare (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1515/ev-2013-0012

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