Applied BenefitCost Analysis

Edited by Andrew Schmitz, Professor and Ben Hill Griffin, Jr. Endowed Chair, University of Florida, Research Professor, University of California, Berkeley, US and Adjunct Professor, University of Saskatchewan, Canada and Richard O. Zerbe Jr., Daniel J. Evans Distinguished Professor of Public Affairs and Director, BenefitCost Analysis Center, Daniel J. Evans School of Public Affairs and Adjunct Professor of Law, University of Washington, Seattle, US

Contents: Acknowledgements Introduction Andrew Schmitz and Richard O. Zerbe PART I: AGRICULTURE AND AGRICULTURAL POLICY 1. Zvi Griliches (1958), Research Costs and Social Returns: Hybrid Corn and Related Innovations 2. Erik Lichtenberg and David Zilberman (1986), The Welfare Economics of Price Supports in U.S. Agriculture 3. Troy G. Schmitz, Andrew Schmitz and Chris Dumas (1997), Gains From Trade, Inefficiency of Government Programs, and the Net Economic Effects of Trading 4. Andrew Schmitz, Frederick Rossi and Troy G. Schmitz (2007), Agricultural Subsidies Under Decoupling 5. Rulon Pope, Jean-Paul Chavas and Richard Just (1983), Economic Welfare Evaluations for Producers under Uncertainty PART II: EVALUATION OF SOCIAL PROGRAMS 6. David H. Greenberg and Douglas A. Wolf (1985), Is Wage Matching Worth All the Trouble? 7. Morris S. Berman (1989), Vision Care in a Juvenile Detention Facility 8. David H. Greenberg (1997), The Leisure Bias in CostBenefit Analyses of Employment and Training Programs 9. Clive Belfield, Milagros Nores, Steve Barnett and Lawrence Schweinhart (2006), The High/Scope Perry Preschool Program 10. Flavio Cunha and James Heckman (2007), The Economics of Human Development: The Technology of Skill Formation PART III: IMPLEMENTATION AND STAKEHOLDER IMPACTS 11. Glenn P. Jenkins (1999), Evaluation of Stakeholder Impacts in CostBenefit Analysis 12. Timothy L. McDaniels, Robin S. Gregory and Daryl Fields (1999), Democratizing Risk Management: Successful Public Involvement in Local Water Management Decisions 13. Alvin Ulrich, Hartley Furtan and Andrew Schmitz (1986), Public and Private Returns from Joint Venture Research: An Example from Agriculture PART IV: LIFE AND HEALTH 14. Lester B. Lave (1981), Conflicting Objectives in Regulating the Automobile 15. David L. Weimer and Aidan R. Vining (1989), An Illustration: Taxing Alcohol to Save Lives 16. Gary M. Ginsberg and Don S. Silverberg (1994), A CostBenefit Analysis of Legislation for Bicycle Safety Helmets in Israel 17. Richard Gray and Stavroula Malla (2001), The Evaluation of the Economic and External Health Benefits from Canola Research 18. W. Kip Viscusi and Joseph E. Aldy (2003), The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World PART V: TRANSPORTATION 19. Anthony Boardman, Aidan Vining and W.G. Waters, II (1993), Costs and Benefits through Bureaucratic Lenses: Example of a Highway Project 20. What GAO Found, in US GAO Highway and Transit Investments: Options for Improving Information on Projects 21. Troy G. Schmitz, Tim Highmoor and Andrew Schmitz (2002), Termination of the WGTA: An Examination of Factor Market Distortions, Input Subsidies and Compensation PART VI: ENVIRONMENT 22. Raymond J. Kopp and V. Kerry Smith (1989), Benefit Estimation Goes to Court: The Case of Natural Resource Damage Assessments 23. Executive Summary 24. S. Farrow and M. Toman (1999), Using BenefitCost Analysis to Improve Environmental Regulation 25. Richard T. Carson, Robert C. Mitchell, Michael Hanemann, Raymond J. Kopp, Stanley Presser and Paul A. Ruud (2003), Contingent Valuation and Lost Passive Use: Damages from the Exxon Valdez Oil Spill PART VII: BETTER USE 26. John P. Hoehn and Alan Randall (1989), Too Many Proposals Pass the Benefit Cost Test 27. Robert W. Hahn (1998), Policy Watch: Government Analysis of the Benefits and Costs of Regulation 28. Kenneth J. Arrow, Maureen L. Cooper, George C. Eads, Robert W. Hahn, Lester B. Lave, Roger G. Noll, Paul R. Portney, Milton Russell, Richard Schmalensee, V. Kerry Smith and Robert N. Stavins (1996), A Statement of Principles 29. Matthew A. Wilson and John P. Hoehn (2006), Valuing Environmental Goods and Services Using Benefit Transfer: The State-of-the Art and Science 30. Daniel H. Cole (2007),