LPPA 7035

Course Description

This course teaches 1) quantitative estimation of the benefits and costs of policy interventions, 2) the identification of deficiencies in published benefit-cost analyses (BCA), and 3) recognition of policy arenas where BCA may be problematic. The course covers the theory and historical use of BCA, and techniques to address uncertainty, benefits in the distant future, interventions that both raise and lower risks, and distributional impacts.