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Answer each question as best as you can. Each response is worth 2 points. 1. List TWO candidate methods for social discounting. a. b. 2.

Answer each question as best as you can. Each response is worth 2 points. 1. List TWO candidate methods for social discounting. a. b. 2. List THREE of the steps in conducting a cost-benefit analysis. a. b. c. 3. List FOUR recommendations of the NOAA panel for conducting high-quality contingent valuation surveys. a. b. c. d. 4. List TWO varieties of sensitivity analysis. a. b. 5. List TWO alternatives to CBA for project evaluation if you are either unable to quantify/monetize all impacts OR there are critical objectives other than efficiency a. b. 6. List TWO broad categories of market failure that could be cited in a statement of the need for regulation/intervention. a. b.

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