Benefit-cost analysis reduces all of the impacts of a proposed policy change to a common unit of measurement. It is used in a wide variety of fields including agriculture, life and health, transportation and the environment. In this single volume the editors, both leading scholars in their...

Benefit-cost analysis is at heart a subject of practicality and usefulness. With this in mind, the editor has chosen the most relevant previously published articles for these volumes. Having explored the theoretical and ethical underpinnings of the subject, the book then addresses some major...

Introduction to benefit-cost volume / Richard O. Zerbe -- Best practice standards for regulatory benefit-cost analysis / Daniel H. Cole -- Welcome to the data-poor real world : incorporating benefit-cost principles into environmental policymaking / Mark L. Plummer -- Agricultural subsidies under...

Statistical approaches to assessing charges of environmental racism and classism against the U.S. Environmental Protection Agency / Adam Karp -- Bars to the payment of prejudgment interest : the supreme court and the federal employers' liability act / David E. Ault, Gilbert L. Rutman -- Of...

Since 1979 Research in Law and Economics has been presenting original research that explores the extent to which the constraints of law explain economic behavior and the role of economics in forming the law. The first chapter in this volume proposes three different definitions for market power...

"The foster care system attempts to prepare children and youth who have suffered child maltreatment for successful adult lives. This study documents the economic advantages of a privately funded foster care program that provided longer term, more intensive, and more expensive services compared...