Do We Need a New Behavioral Benchmark for BCA?

In: Journal of benefit-cost analysis: JBCA, Band 7, Heft 1, S. 92-106

Abstract

In our opinion, the challenges of ongoing measurement, the ever-moving behavioral baseline, and strategic self-ignorance return us full-circle to a sensible point made by Peter Bohm–Benefit-Cost Analysis for environmental goods should use an interval method.