What decision-maker would use benefit-cost analysis as a decision rule? That is, identify a decision-maker whose only

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What decision-maker would use benefit-cost analysis as a decision rule? That is, identify a decision-maker whose only interest is the total net benefits to society of an activity, not the distribution of those benefits. If you identify one (or more), explain why distribution is not important to them. If you cannot identify one, explain why benefit-cost analysis may not be a decision rule, and discuss whether a benefit-cost analysis might nevertheless be useful.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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The Economics Of The Environment

ISBN: 9780321321664

1st Edition

Authors: Peter Berck, Gloria Helfand

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