Applying Benefit-Cost Analysis U.S. Department of Transportation's Federal Highway Administration website includes a good introduction to the nuts and bolts of benefit-cost analysis at Economic Analysis Primer: Benefit-Cost Analysis. Resources for the Future offers improvements to how consumer decisions are regulated by government in this article "Three Steps to Improving Cost-Benefit Analysis of Regulatory Rulemaking." What issues does the BCA take into account in their benefit-cost analysis? How is the NPA calculated? Are there other measures you would consider? What improvements does Ted Gayer suggest in his Resources for the Future article? Summarize his reasoning. With which do you agree? With which do you disagree? Explain your reasoning.

Article Links:

http://www.rff.org/blog/2011/three-steps-improving-cost-benefit-analysis-environmental-regulatory-rulemaking

http://www.rff.org/blog/2011/three-steps-improving-cost-benefit-analysis-environmental-regulatory-rulemaking

https://www.fhwa.dot.gov/tpm/