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Some Norwegian Politicians' Use of Cost-Benefit Analysis

Karine Nyborg

Discussion Papers from Statistics Norway, Research Department

Abstract: Members of the Norwegian Parliament were interviewed about the decision process concerning national road investments. Most of them found cost-benefit analysis useful, but apparently not as a device for ranking projects. Rather, the cost-benefit ratio was used to pick project proposals requiring political attention among the large number of projects included in the plan. However, information about project-related local conflicts seemed to be used much more extensively for this latter purpose. Attitudes towards cost-benefit analysis varied along the left-right political axis. These findings are shown to be consistent with a hypothesis that politicians rationally maximize subjective perceptions of social welfare.

Keywords: Road investments; cost-benefit analysis; political decision process. (search for similar items in EconPapers)
JEL-codes: D61 D72 D78 H54 (search for similar items in EconPapers)
Date: 1996-03
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Citations: View citations in EconPapers (2)

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Journal Article: Some Norwegian Politicians' Use of Cost-Benefit Analysis (1998) Downloads
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