Cost-Benefit Analysis: Too Often Biased
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F15%3A43886891" target="_blank" >RIV/44555601:13510/15:43886891 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.15240/tul/001/2015-4-005" target="_blank" >http://dx.doi.org/10.15240/tul/001/2015-4-005</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15240/tul/001/2015-4-005" target="_blank" >10.15240/tul/001/2015-4-005</a>
Alternative languages
Result language
angličtina
Original language name
Cost-Benefit Analysis: Too Often Biased
Original language description
Cost-benefi t analysis (CBA) is widely applied in many countries in evaluating public projects and regulatory instruments. It is employed, for example, as a basis for decisions within the European Union's subsidy policy. CBA enables to express the comprehensive effect of a project or a governmental regulation on social welfare and thereby to introduce expertise to political decision-making. However, its practical applications face many problems. Different methodological choices in performing CBA enableto obtain diametrically opposite conclusions. Moreover, the way how investors apply for EU Fund subsidies encourages CBA performers to adjust CBA results to requirements of subsidy applicants. The unavoidable consequence is frequently mendacious, unreliable and misleading CBA. The paper brings an overview of the fl exibility in CBA methodological choices. It further focuses on analysing the CBA performance practice in the area of CBA project appraisal for the purposes of applying for EU
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
E+M. Ekonomie a Management
ISSN
1212-3609
e-ISSN
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Volume of the periodical
18
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
10
Pages from-to
68-77
UT code for WoS article
000368316100005
EID of the result in the Scopus database
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