Commentary: Benefit-Cost Analysis
Date of Original Version
Response or Comment
Environment: Science and Policy for Sustainable Development, 41:4, 4-5, 1999
Abstract or Table of Contents
SCOTT Farrow AND MICHAEL TOMAN make a perfectly reasonable case for using benefit-cost analysis to evaluate environmental programs I found myself playing the same role in I98 I , urging environmental groups to embrace this approach to decision making. They rejected my advice, saying that their opponents were using benefit- cost analysis to undermine environmental regulations and that Reagan’s Executive Order 12291 was intended to slow or stop regulation.