Although Ronald Coase is popularly associated with the Chicago School, his approach belongs to the late nineteenth and early twentieth century British tradition. In this essay, we address whether the Coasean or traditional British methodology can offer improvements to current methods. Current...

1. An assessment of important issues concerning the application of benefit-cost analysis to social policy / Aidan R. Vining and David L. Weimer -- 2. Toward standardization of benefit-cost analysis of early childhood interventions / Lynn A. Karoly -- 3. Principles and standards for benefit-cost...

This chapter is taken from a report for the MacArthur Foundation by the Center for Benefit–Cost Analysis entitled “Towards Principles and Standards in the Use of Benefit–Cost Analysis” (2010).This chapter draws years of scholarship and work on benefit–cost analysis into a single...