A Comment on the Conference on Cost-Benefit Analysis

Gary Becker

The Journal of Legal Studies, 2000, vol. 29, issue 2, 1149-52

Abstract: This comment discusses the importance of politics in understanding cost-benefit analysis. Economists frequently rely on a social planner model, under which cost-benefit analysis has a straightforward role, but a better model is the interest group competition model. In this model, cost-benefit analysis can be used to explain why some regulations are adopted and others are not. Further, cost-benefit analysis may also be useful for undermining misleading claims of self-interested political pressure groups. Copyright 2000 by the University of Chicago.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://dx.doi.org/10.1086/468107 (application/pdf)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jlstud:v:29:y:2000:i:2:p:1149-52

Access Statistics for this article

More articles in The Journal of Legal Studies from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().