US Benefit-Cost Analysis Requires Revision

A letter published in the journal Science makes the case for updating benefit-cost analysis to follow the best available data and methods for determining discount rates.

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May 25, 2023


Peter H. Howard, Max Sarinsky, Michael Bauer, Caroline Cecot, Maureen L. Cropper, Moritz Drupp, Mark Freeman, Kenneth T. Gillingham, Christian Gollier, Ben Groom, Qingran Li, Michael Livermore, Richard G. Newell, William Pizer, Brian C. Prest, Glenn Rudebusch, Thomas Sterner, and Gernot Wagner


Journal Article in Science

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Peter H. Howard

New York University School of Law

Max Sarinsky

New York University School of Law

Michael Bauer

Universität Hamburg

Caroline Cecot

George Mason University

Moritz Drupp

Universität Hamburg

Mark Freeman

University of York

Kenneth T. Gillingham

Yale University

Christian Gollier

University of Toulouse-Capitole

Ben Groom

University of Exeter

Qingran Li

Clarkson University

Michael Livermore

University of Virginia

Glenn Rudebusch

The Brookings Institution

Gernot Wagner

Columbia University

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