The Ethics and Politics of Environmental Cost-Benefit Analysis

The Ethics and Politics of Environmental Cost-Benefit Analysis PDF Author: Karine Nyborg
Publisher: Routledge
ISBN: 1136304738
Category : Business & Economics
Languages : en
Pages : 135

Book Description
Putting a price tag on the environment is controversial. This book discusses ethical and political aspects of environmental cost-benefit analysis: why controversies must be expected, why they should be taken seriously, and how they can be handled in practice. Cost-benefit analysis is commonly thought of as a method for ranking projects according to their contributions to social welfare. The starting point of the present book is different. Rather than providing a final ranking, the purpose of a project analysis is to enable participants in a democratic decision-making process to make their own well-founded rankings of projects, according to their own normative views. Since ethical and political views differ, the analysis should be useful as factual background for any reasonable social welfare judgement. This purpose faces the analyst with quite different challenges than the purpose of ranking projects. The argument of the book is based on economic theory, but with a strong emphasis on readability and applicability. It is aimed at those – economists and non-economists alike – who use or are faced with cost-benefit analysis and environmental valuation in their work: politicians, employees of ministries and regulatory agencies, students, journalists, consultants and researchers. No particular prior knowledge of economics is required.

Cost-benefit Analysis and Environmental Regulations

Cost-benefit Analysis and Environmental Regulations PDF Author: Daniel Swartzman
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 228

Book Description


Retaking Rationality

Retaking Rationality PDF Author: Richard L. Revesz
Publisher: Oxford University Press
ISBN: 0195368576
Category : Law
Languages : en
Pages : 263

Book Description
That America's natural environment has been degraded and despoiled over the past 25 years is beyond dispute. Nor has there been any shortage of reasons why-short-sighted politicians, a society built on over-consumption, and the dramatic weakening of environmental regulations. In Retaking Rationality, Richard L. Revesz and Michael A. Livermore argue convincingly that one of the least understood-and most important-causes of our failure to protect the environment has been a misguided rejection of reason. The authors show that environmentalists, labor unions, and other progressive groups have declined to participate in the key governmental proceedings concerning the cost-benefit analysis of federal regulations. As a result of this vacuum, industry groups have captured cost-benefit analysis and used it to further their anti-regulatory ends. Beginning in 1981, the federal Office of Management and Budget and the federal courts have used cost-benefit analysis extensively to determine which environmental, health, and safety regulations are approved and which are sent back to the drawing board. The resulting imbalance in political participation has profoundly affected the nation's regulatory and legal landscape. But Revesz and Livermore contend that economic analysis of regulations is necessary and that it needn't conflict with-and can in fact support-a more compassionate approach to environmental policy. Indeed, they show that we cannot give up on rationality if we truly want to protect our natural environment. Retaking Rationality makes clear that by embracing and reforming cost-benefit analysis, and by joining reason and compassion, progressive groups can help enact strong environmental and public health regulation.

The Ethics and Politics of Environmental Cost-benefit Analysis

The Ethics and Politics of Environmental Cost-benefit Analysis PDF Author: Karine Nyborg
Publisher: Routledge
ISBN: 041558650X
Category : Business & Economics
Languages : en
Pages : 136

Book Description
Putting a price tag on the environment is controversial. The aim of this book is to discuss some of the ethical and political issues arising in the context of applied cost-benefit analysis and environmental valuation - and to do so using economic analysis, but in a language accessible to non-specialists. In particular, the author emphasizes the fundamental, but surprisingly often poorly understood distinction between normative and positive analysis, and the implications of this distinction for practical use of cost-benefit analyses.

Just Results

Just Results PDF Author: Ralph D. Ellis
Publisher: Georgetown University Press
ISBN: 9780878406678
Category : Philosophy
Languages : en
Pages : 230

Book Description
In Just Results, Ralph E. Ellis provides an authoritative solution to one of the major problems in the field of public policy. Until now, analysts and planners have had no practical or accurate means of incorporating qualitative social concerns into the traditional quantitative formulas used in policymaking. By introducing a justice factor--a quantitative measure for social values--Ellis opens the door for more balanced policy decisions. Using concrete, real-world examples, Ellis shows how policy analysts can better account for the use value--or practical measurable utility--of universally agreed-upon social benefits such as life, health, safety, and environmental preservation when making cost-benefit analyses. In this way, policymakers, and by extension, society as a whole, can avoid making unjust tradeoffs between important social values and comparatively frivolous economic benefits. Drawing on philosophical works on justice from Kant through John Rawls, this book is informed by a theoretical defense of distributive justice that emphasizes diminishing marginal utility, thus favoring the poor. Just Results is a stimulating and highly applicable book that will be of great interest to philosophers, political scientists, policy analysts and planners.

Values and Planning

Values and Planning PDF Author: Huw Thomas
Publisher: Routledge
ISBN: 1351876171
Category : Business & Economics
Languages : en
Pages : 240

Book Description
This book brings together a group of distinguished international authors to analyze and comment upon the various roles of evaluation and valued ideas, in planning and education of planners. Topics covered include the nature of aesthetic judgement and of practical judgement, the implications for planning of various theories of environmental ethics, and the significance of key concepts such as heritage, justice, professional ethics and the public interest in orienting planning practice. Contributors relate their ideas about planning to a wide range of philosophical and social theories and debates, including feminist writings, discussions of post modernism, critical theory and the work of Anglo-American analytical philosophers. These essays will prove stimulating not only to planning theorists and practitioners, but to anyone interested in the way evaluations and key concepts contained in them can and should influence public policy.

Value in Ethics and Economics

Value in Ethics and Economics PDF Author: Elizabeth Anderson
Publisher: Harvard University Press
ISBN: 0674931904
Category : Philosophy
Languages : en
Pages : 244

Book Description
Elizabeth Anderson offers a new theory of value and rationality that rejects cost-benefit analysis in our social lives and in our ethical theories. This account of the plurality of values thus offers a new approach, beyond welfare economics and traditional theories of justice, for assessing the ethical limitations of the market. In this light, Anderson discusses several contemporary controversies involving the proper scope of the market, including commercial surrogate motherhood, privatization of public services, and the application of cost-benefit analysis to issues of environmental protection. Table of Contents: Preface 1. A Pluralist Theory of Value A Rational Attitude Theory of Value Ideals and Self-Assessment How Goods Differ in Kind (I): Different Modes of Valuation How Goods Differ in Kind (II): Social Relations of Realization 2. An Expressive Theory of Rational Action Value and Rational Action The Framing of Decisions The Extrinsic Value of States of Affairs Consequentialism Practical Reason and the Unity of the Self 3. Pluralism and Incommensurable Goods The Advantages of Consequentialism A Pragmatic Theory of Comparative Value Judgments Incommensurable Goods Rational Choice among Incommensurable Goods 4. Self-Understanding, the Hierarchy of Values, and Moral Constraints The Test of Self-Understanding The Hierarchy of Values Agent-Centered Restrictions Hybrid Consequentialism A Self-Effacing Theory of Practical Reason? 5. Criticism, Justification, and Common Sense A Pragmatic Account of Objectivity The Thick Conceptual Structure of the Space of Reasons How Common Sense Can Be Self-Critical Why We Should Ignore Skeptical Challenges to Common Sense 6. Monistic Theories of Value Monism Moore's Aesthetic Monism Hedonism Rational Desire Theory 7. The Ethical Limitations of the Market Pluralism, Freedom, and Liberal Politics The Ideals and Social Relations of the Modern Market Civil Society and the Market Personal Relations and the Market Political Goods and the Market The Limitations of Market Ideologies 8. Is Women's Labor a Commodity? The Case of Commercial Surrogate Motherhood Children as Commodities Women's Labor as a Commodity Contract Pregnancy and the Status of Women Contract Pregnancy, Freedom, and the Law 9. Cost-Benefit Analysis, Safety, and Environmental Quality Cost-Benefit Analysis as a Form of Commodification Autonomy, Labor Markets, and the Value of Life Citizens, Consumers, and the Value of the Environment Toward Democratic Alternatives to Cost-Benefit Analysis Conclusion Notes References Index Reviews of this book: Anderson/auhtor is anxious to combat what she sees as a tendency for commercial values to invade areas of human life where they do not belong...A useful contribution to debate about the proper scope of the market. "Not everything is a commodity, insists Anderson, and her brief should shake up social science technocrats." DD--Philadelphia Inquirer "The book is rich in both argument and application." DD--Alan Hamlin, Times Higher Education Supplement "In this rich and insightful book Elizabeth Anderson develops an original account of value and rational action and then employs this account to address the pragmatic political question of what the proper range of the market should be. Anderson's principal targets are consequentialism, monism and the crude 'economistic' reasoning which underpins much contemporary social policy...This is an important book...For anyone interested in political philosophy this is essential reading." DD--A. J. Walsh, Australasian Journal of Philosophy --Hugo Dixon, Financial Times [UK] Reviews of this book: Not everything is a commodity, insists Anderson, and her brief should shake up social science technocrats. --Philadelphia Inquirer Reviews of this book: The book is rich in both argument and application. --Alan Hamlin, Times Higher Education Supplement Reviews of this book: In this rich and insightful book Elizabeth Anderson develops an original account of value and rational action and then employs this account to address the pragmatic political question of what the proper range of the market should be. Anderson's principal targets are consequentialism, monism and the crude 'economistic' reasoning which underpins much contemporary social policy...This is an important book...For anyone interested in political philosophy this is essential reading. --A. J. Walsh, Australasian Journal of Philosophy

The Environmental Ethics and Policy Book

The Environmental Ethics and Policy Book PDF Author: Donald VanDeVeer
Publisher: Wadsworth Publishing Company
ISBN: 9780534561888
Category : Philosophy
Languages : en
Pages : 674

Book Description
Consisting of an assortment of landmark essays and the best in contemporary scholarship, this anthology delves deeply into the most pressing environmental issues of our times. Articles included in this anthology are distinguished for their relevance to real-life policy making and for their ability to promote rich and lively discussion about controversial matters. In addition, the editors' careful organization of the topics and illuminating section previews keep students focused on the most essential points of current environmental debates.

Cost-benefit Analysis

Cost-benefit Analysis PDF Author: James H. Meisel
Publisher: Routledge
ISBN: 042960498X
Category : Business & Economics
Languages : en
Pages : 286

Book Description
The world is increasingly concerned with bridging the developmental gap between the developed and developing countries. With the establishment of a number of institutions for funding the projects including the World Bank, Asian Development Bank, and many other agencies, the need to develop mechanisms to assess economically viable projects is more important than ever. The Social-Cost Benefit Analysis (SCBA) is an important technique used in formulating, appraising, and evaluating projects. It is a facet of applied welfare economics which is increasingly being used to identify and assess public projects in both developing and developed countries. This volume presents a comprehensive view of cost-benefit analysis in its theoretical and applied dimensions. Both theory and case studies are presented. The theoretical setting for Cost-Benefit Analysis is established by the first five chapters-"Spatial General Equilibrium and Cost-Benefit Analysis," by David M. Newbery; "Optimum Growth Theory and Social Time Preference: A Computerized Mathematical Modeling Exercise to Choose a Social Discount Rate," by Sardar M. N. Islam; "A Theoretical Inquiry of the Axiomatic Consistency of Distributional Weights used in Cost-Benefit Analysis," by Giuseppe Munda; "The Output Gap: Measurement, Related Concepts, and Policy Implications," by Parameswar Nandakumar; and "A Methodological Comparison of Theoretical Approaches in Dichotomous Choice Contingent Valuation," by John C. Whitehead. This book will be useful as a reference text by professors and students in project appraisal classes and will be of equal value to analysts, planners, and interested general readers.

Environmental Ethics

Environmental Ethics PDF Author: Andrew Kernohan
Publisher: Broadview Press
ISBN: 1770483527
Category : Philosophy
Languages : en
Pages : 368

Book Description
This book explains the basic concepts of environmental ethics and applies them to global environmental problems. The author concisely introduces basic moral theories, discusses how these theories can be extended to consider the non-human world, and examines how environmental ethics interacts with modern society’s economic approach to the environment. Online multiple-choice questions encourage the reader’s active learning.