Evaluation of Policy Alternatives - The two basic evaluation tools: CBA and MCA - CBA in the sustainability context
3 important questions on Evaluation of Policy Alternatives - The two basic evaluation tools: CBA and MCA - CBA in the sustainability context
What are the pro-memory (P.M.) posts in an CBA?
Impacts that are hard to monetarize
What are the difficulties with CBA?
- Monetarize all impacts (sometimes assets not traded in markets)
- Measurement of distributional impacts (how to deal with perspective of different groups?)
What is the ethical consensus in society for a conventional CBA?
The positive net present value (or social benefit) in monetary terms is an increase in welfare, 'when' society conceives it as such
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
