Tag Archives: nicholas kalder

Decades-old Riddle in Economics — Solved?

You could say that the economic field of benefit-cost analysis has been stuck in a loop on a specific matter for 70 years — a kind of logical figure-eight that leads not forward, but back upon itself.

And you could further say that, together with colleagues, Richard Zerbe, longtime UW professor in the Evans School of Public Affairs, may have solved this logical paradox — or at least greatly clarified it. (more…)

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