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A Primer for Benefit-cost Analysis
Benefit cost analysis (BCA) is the best technique for analyzing proposed or previously enacted projects to determine whether undertaking them is in the public interest, or for choosing between two or more mutually exclusive projects. An introduction to BCA for students as well as practitioners, this accessible volume describes the underlying economic theory and legal and philosophical foundations of BCA. BCA provides an objective framework around which discussion, correction and amendment can take place. Stated simply, it is the calculation of values for all the inputs and outputs from a project and then the subtraction of the first from the second. The authors goal here is to take the myste...
Yale Law Journal: Volume 123, Number 6 - April 2014
The April 2014 issue of The Yale Law Journal features new articles and essays on law and legal theory by internationally recognized scholars. An extensive Feature explores the idea of Federalism as the New Nationalism, with contributions by Jessica Bulman-Pozen ("From Sovereignty and Process to Administration and Politics: The Afterlife of American Federalism"), Heather Gerken ("An Overview," "The Loyal Opposition"), Abbe Gluck ("Our [National] Federalism"), Alison LaCroix ("The Shadow Powers of Article I"), and Cristina Rodríguez ("Negotiating Conflict Through Federalism: Institutional and Popular Perspectives"). The issue serves, in effect, as a new and detailed book on new concepts and p...
Theoretical Foundations of Law and Economics
A book-length examination of the methodology and philosophy of law and economics.
Environmental Commodities Markets and Emissions Trading
Market-based solutions to environmental problems offer great promise, but require complex public policies that take into account the many institutional factors necessary for the market to work and that guard against the social forces that can derail good public policies. Using insights about markets from the new institutional economics, this book sheds light on the institutional history of the emissions trading concept as it has evolved across different contexts. It makes accessible the policy design and practical implementation aspects of a key tool for fighting climate change: emissions trading systems (ETS) for environmental control. Blas Luis Pérez Henríquez analyzes past market-based ...
Electricity Restructuring in the United States
Steve Isser provides a generalist history of electricity policy from the 1978 Energy Policy Act to the present, covering the economic, legal, regulatory, and political issues and controversies in the transition from regulated utilities to competitive electricity markets.
Government Performance and Results
The complexity of governments today makes the accountability desired by citizens difficult to achieve. Written to address performance policies within state and national governments, Government Performance and Results: An Evaluation of GPRA‘s First Decade summarizes lessons learned from a 10-year research project that evaluated performance reports p
The Uses of Diversity
The author argues for the virtues of diversity in cities, organizations, strategies for development, and human discourse in general. The opening chapter develops the vision of Jane Jacobs (the "diva of diversity") for the development of city regions. Many of the later chapters are based on the author's ten years in the World Bank and Senior Advisor and speechwriter for Joseph Stiglitz. Many of the problems in the World Bank's policies were based on a narrow ideological vision that did not tolerate a diversity of pragmatic approaches to the complex questions of economic and social development. Finally, the narrow social-engineering criterion for evaluating social projects is cost-benefit analysis, and the penultimate chapter develops a logical fallacy in the Kaldor-Hicks Principle that is the theoretical basis for cost-benefit analysis.
The EU, the US and Global Climate Governance
This volume presents a critical analysis of transatlantic relations in the field of environmental governance and climate change. Drawing on research involving experts from leading universities and institutes, the authors provide innovative analyses on policy measures taken by the EU and the US, the world’s largest economic and commercial blocs, in a number of fields, ranging from general attitudes on environmental leadership with regard to climate change, to energy policies and new technologies for hydrocarbons extraction and carbon capture.
Tradeable Permits Policy Evaluation, Design and Reform
This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general.
Markets for Clean Air
The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program."--BOOK JACKET.
