Should CBA’s include a correction for the marginal excess burden of taxation?
Distributionally Weighted Cost-Benefit Analysis: From Theory to Practice
In CBA practices around the world, benefits are valued regardless of to whom they accrue. This disregards basic economic principles, like declining marginal utility of income, or inequality aversion. This paper argues that if redistribution matters, net benefits must be aggregated using a distributionally weighted CBA. →
The circular economy of plastics: from raw materials to waste
The circular economy aims to reduce the use of raw materials, promote re-use and recycling and limit waste. This study focuses on the circular economy of plastics and investigates what the major problems are in relation to the use of plastics and to what extent government policy is necessary and effective. →
Valuation of CO2 emissions in CBA: implications of the scenario study Welfare, Prosperity and the Human Environment
The scenario study Welfare, Prosperity and the Human Environment (WLO ) forecasts long-term developments on four topics, climate being one of them. The study’s climate scenarios have been constructed taking into account various ways of international collaboration on the climate issue around the world. The WLO climate scenarios are characterised by a CO2 emission budget for the rest of the century and an associated CO2 emission reduction target. →