Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/80253 
Year of Publication: 
2006
Series/Report no.: 
CSERGE Working Paper EDM No. 06-17
Publisher: 
University of East Anglia, The Centre for Social and Economic Research on the Global Environment (CSERGE), Norwich
Abstract: 
This paper reviews the contemporary debate and the now long standing role of CBA in UK and European environmental policy appraisal and looks forward to possible future applications. The position taken is that despite its limitations CBA still has an important part to play in environmental policy appraisal. However, with the increasingly 'contested' nature of environmental and related public policies and outcomes, its role will become less prescriptive and its findings more constrained by social justice and ethical imperatives. Future CBA is more likely to continue to flourish as a component in a wider policy analysis and decision support system. Whatever decision support system is eventually adopted, its value will be judged on how well it aids real policymakers operating iteratively in the non-linear real world political economy.
Subjects: 
cost-benefit analysis
environmental policy
valuation
Document Type: 
Working Paper

Files in This Item:
File
Size
182.17 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.