A theory of customary international law Jack L. Goldsmith and Eric A. Posner -- A compliance-based theory of international law Andrew T. Guzman -- Do human rights treaties make a difference? Oona A. Hathaway -- Treaty reservations and the economics of Article 21(1) of the Vienna Convention...

The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...

Prioritarianism is the ethical view that gives greater weight to well-being changes affecting individuals at lower well-being levels. This view is influential both in moral philosophy, and in theoretical work on social choice — where it is captured by a social welfare function (“SWF”)...

Conventionally, benefit-cost analysis focuses on economic efficiency, summing the values of a policy’s costs and benefits based on the preferences of those affected. There is widespread agreement that it should be supplemented with information on how the impacts are distributed across...