Archive | Social Cost-Benefit

The following points highlight the top four things to know about Social Cost-Benefit Analysis. The things are: 1. Criteria for Social Cost-Benefit Analysis 2. Identifying Benefits and Costs 3. Valuation of Costs and Benefits 4. Social Rate of Discount. Social Cost-Benefit Analysis: Thing # 1. Criteria for Social Cost-Benefit Analysis: The objective function of CBA is the establishment of net [...]