US Benefit-Cost Analysis Requires Revision
A letter published in the journal Science makes the case for updating benefit-cost analysis to follow the best available data and methods for determining discount rates.
Click on the link above to read the letter.
Authors
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Peter H. Howard
New York University School of Law
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Max Sarinsky
New York University School of Law
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Michael Bauer
Universität Hamburg
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Caroline Cecot
George Mason University
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Moritz Drupp
Universität Hamburg
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Mark Freeman
University of York
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Kenneth T. Gillingham
Yale University
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Christian Gollier
University of Toulouse-Capitole
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Ben Groom
University of Exeter
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Qingran Li
Clarkson University
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Michael Livermore
University of Virginia
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Glenn Rudebusch
The Brookings Institution
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Gernot Wagner
Columbia University