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Nonmarket Economic Valuation and "The Economist’s Fallacy"

It is important that noneconomists understand and consider three key points regarding the use of economic cost-benefit analysis. First, economists undertaking applied cost-benefit analyses use expected values by necessity in forward-looking models. Second, economists tally changes in economic value...

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Autore principale: Murray A Rudd
Natura: Artigo
Lingua:Inglês
Pubblicazione: The Evaluation Center at Western Michigan University 2009-01-01
Serie:Journal of MultiDisciplinary Evaluation
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Accesso online:https://journals.sfu.ca/jmde/index.php/jmde_1/article/view/221
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