It is said that the fact CBA uses potential Pareto improvement as its theoretical foundation suggests it
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It is said that the fact CBA uses "potential Pareto improvement" as its theoretical foundation suggests it is impossible to evaluate a public project without making a "value judgment." What does this mean? Does this make decisions based on CBA less unreliable or unscientific? Explain.
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The statement that costbenefit analysis CBA uses potential Pareto improvement as its theoretical foundation suggests that CBA evaluates public project...View the full answer
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4th Edition
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