The social cost of carbon (SCC) quantifies the economic damage associated with emitting a ton of carbon dioxide into the atmosphere. Regulatory impact analyses from U.S. federal agencies utilize the ...

When it comes to making decisions, a business has a lot of considerations to take into account. The main strategy employed by businesses (and even individuals) to make decisions is cost benefit ...

Forbes contributors publish independent expert analyses and insights. Fred L. Smith Jr. Fellow at the Competitive Enterprise Institute. Draft Report to Congress on the Benefits and Costs of Federal ...

In 2015, the UN General Assembly adopted the Sustainable Development Goals (SDG), which identify 169 targets for the world to hit by 2030. Lomborg’s think tank, the Copenhagen Consensus Center, ...

What is the true value of a policy project? For governments tasked with improving citizens’ lives while spending taxpayers’ money responsibly, this is no mere academic question. It lies at the heart ...

An economic analysis is a process in which business owners gain a clear picture of the existing economic climate, as it relates to their company's ability to thrive. Economists, statisticians, and ...

A large new global study of project performance over 86 years confirms that ingrained optimism bias results in forecast-based cost-benefit analyses "so misleading as to be worse than worthless," say ...

Our country’s premier advocate for cost-benefit analysis has written about the coronavirus. He is Cass Sunstein, the Harvard law professor and former Obama White House regulatory guru. Of course you ...

The Midcontinent Independent System Operator’s benefit-cost analysis of a set of $10.3 billion transmission projects, approved last month, offers a framework for a national model in measuring ...