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Cost-Benefit Analysis: Economic, Philosophical, and Legal Perspectives

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Cost-Benefit Analysis: Economic, Philosophical, and Legal Perspectives [Hardcover]

Matthew D. Adler (Editor), Eric A. Posner (Editor)

5.0 out of 5 stars See all reviews (1 customer review) |

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Book Description

Publication Date: January 1, 2001

Cost-benefit analysis is a widely used governmental evaluation tool, though academics remain skeptical. This volume gathers prominent contributors from law, economics, and philosophy for discussion of cost-benefit analysis, specifically its moral foundations, applications and limitations.

This new scholarly debate includes not only economists, but also contributors from philosophy, cognitive psychology, legal studies, and public policy who can further illuminate the justification and moral implications of this method and specify alternative measures.

These articles originally appeared in the Journal of Legal Studies.

Contributors:
- Matthew D. Adler - Gary S. Becker
- John Broome - Robert H. Frank
- Robert W. Hahn - Lewis A. Kornhauser
- Martha C. Nussbaum - Eric A. Posner
- Richard A. Posner - Henry S. Richardson
- Amartya Sen - Cass R. Sunstein
- W. Kip Viscusi

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Editorial Reviews

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About the Author

Matthew D. Adler is a professor of law at the Unversity of Pennsylvania and co-author of Rethinking Cost-Benefit Analysis.

Eric A. Posner is a professor law at the University of Chicago Law School and author and editor of several books including Law and Social Norms.

Product Details

Hardcover: 345 pages
Publisher: University of Chicago Press; 1 edition (January 1, 2001)
Language: English
ISBN-10: 0226007626
ISBN-13: 978-0226007625
Product Dimensions: 9.3 x 6.3 x 1 inches
Shipping Weight: 1.4 pounds

Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)

Amazon Best Sellers Rank: #9,763,741 in Books (See Top 100 in Books)

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5.0 out of 5 stars Good overview, August 27, 2007

Barry J. Seltser (Boston, MA USA) - See all my reviews
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This review is from: Cost-Benefit Analysis: Economic, Philosophical, and Legal Perspectives (Paperback)

An excellent collection of helpful and challenging discussions of cost-benefit analysis, covering both strengths and weaknesses from a variety of perspectives. Some major names in the fields (such as Amartya Sen, Martha Nussbaum, Richard Posner, and Cass Sunstein) are included.

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Inside This Book (learn more)
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First Sentence:
Risk equity serves as the purported rationale for a wide range of inefficient policy practices, such as the concern that hypothetical individual risks not be too great. Read the first page

Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
single neutral level, intelligent public deliberation, tragedy tax, wealth distortions, social planner model, disinterested preferences, commodification critique, risk regulation policies, tragic question, uninformed preferences, federal regulatory reform, public demand for regulation, regulatory reform initiatives, irreplaceable commodity, hedonic pricing models, preference distortions, rival rationality, bad preferences, economic impact analyses, private willingness, consequential evaluation, principled compromise, intelligent deliberation, regulatory impact statement, regulatory reform efforts

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Amartya Sen, New York, Kip Viscusi, Environmental Protection Agency, Martha Nussbaum, United States, John Broome, Eric Posner, Daniel Kahneman, Journal of Legal Studies, Department of Transportation, Matthew Adler, Bernard Williams, Regulation Review Unit, Administrative Rules Review, New Jersey, Federal Aviation Administration, Richard Thaler, Cass Sunstein, Climate Change, Jon Elster, University of Chicago Law School, Administrative Code, Elizabeth Anderson, Gary Becker

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Citations (learn more)

This book cites 100 books:

Value in Ethics and Economics by Elizabeth Anderson on 4 pages
Employment, Technology and Development (Oxford India Paperbacks) by Amartya Sen on 4 pages
Choice, Welfare and Measurement by Amartya Sen on 4 pages
Breaking the Vicious Circle: Toward Effective Risk Regulation by Stephen Breyer on page 28, page 138, and page 227
Sour Grapes: Studies in the Subversion of Rationality by Jon Elster on page 109, page 253, and page 284

See all 100 books this book cites

6 books cite this book:

Democratic Autonomy: Public Reasoning about the Ends of Policy (Oxford Political Theory) by Henry S. Richardson on 5 pages
Risk and Reason: Safety, Law, and the Environment by Cass R. Sunstein on page 208, and page 219
Risk and Reason: Safety, Law, and the Environment by Cass R. Sunstein on page 208, and page 219
The Jurisprudential Foundations of Corporate and Commercial Law (Cambridge Studies in Philosophy and Law) by Jody S. Kraus in Front Matter
Animal Rights: Current Debates and New Directions by Cass R. Sunstein on page 320

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Risk and Reason by Cass R. Sunstein

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