High-income people are willing to pay more than lower-income people to avoid the risk of death. For example, they are more likely to pay for safety features on cars. Do you think cost–benefit analysts should take this fact into account when evaluating public projects?

Consider, for instance, a rich town and a poor town, both of which are considering the that would yield the outcome you derived in part (c).

e. Compared with the Freedom Party’s handsoff policy, who benefits and who loses from the imposition of the Efficiency Party’s fishing tax?