Question 3 Discuss the relative merits of the compensation test and social welfare function approaches to social cost be
Posted: Thu May 19, 2022 9:59 am
Question 3
Discuss the relative merits of the compensation test and social
welfare function approaches to social cost benefit analysis (SCBA)
as a means of making public investment decisions. Your answer
should address both theoretical and practical considerations.
Discuss the relative merits of the compensation test and social
welfare function approaches to social cost benefit analysis (SCBA)
as a means of making public investment decisions. Your answer
should address both theoretical and practical considerations.