Cost-Benefit Analysis: Definition, Justification, and Comment on Conference Papers

Richard Posner

The Journal of Legal Studies, 2000, vol. 29, issue 2, 1153-77

Abstract: In this comment on the conference papers, Judge Posner argues for a pragmatic construal and defense of cost-benefit analysis, demonstrating the benefit of such analysis; responding to specific criticisms of, and suggested changes in, the analysis; and emphasizing that the value of such analysis as an evaluative and decision tool for social and economic policy making does not depend on the resolution of philosophical problems. Copyright 2000 by the University of Chicago.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ucp:jlstud:v:29:y:2000:i:2:p:1153-77

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