How (not) to Lie with Benefit-Cost Analysis

Robert Farrow

No 13-04, UMBC Economics Department Working Papers from UMBC Department of Economics

Abstract: Benefit-cost analysis is seen by some as a controversial activity in which the analyst can significantly bias the results. This note highlights some of the ways that analysts can "lie" in a benefit-cost analysis but more importantly, provides guidance on how not to lie and how to better inform public decisionmakers.

Keywords: benefit; cost; welfare. (search for similar items in EconPapers)
JEL-codes: D6 H4 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2013-03
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Citations: View citations in EconPapers (1)

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Journal Article: How (Not) to Lie with Benefit-Cost Analysis (2013)
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