For each of the following projects, what benefits or costs might be included in a social cost-benefit
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For each of the following projects, what benefits or costs might be included in a social cost-benefit analysis that might be excluded from a private cost-benefit analysis:
a. A hydroelectric project
b. A steel mill
c. A chemical plant
d. A project to improve car safety
e. A training program to improve the skills of minority workers in a firm How might your answers be affected by changes in legislation (e.g., concerning manufacturers' liabilities for automobile accidents, legislation imposing fi nes on polluters)?
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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