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Persistent link: https://www.econbiz.de/10008644134
Insufficient attention has been given in cost-benefit analysis to whose benefits are to be counted. Foreigners, illegal aliens, fetuses, and criminals are problematic cases. Persons or entities may be given “standing” by participation in decision processes; by having their preferences...
Persistent link: https://www.econbiz.de/10008645784
This article examines an area of cost-benefit methodology which has come under increasing philosophical scrutiny in recent years: the appropriate treatment of individuals' preferences. We illustrate some of the difficulties involved in assessing preferences in the context of a concrete example:...
Persistent link: https://www.econbiz.de/10008646087