Cost-Benefit Analysis of Manpower Policies Proceedings of a North American Conference, May 14-15, 1969 at the University of Wisconsin. Madison. G. G. Somers , W. D. Wood

1971 ◽  
Vol 15 (3) ◽  
pp. 382-384
Author(s):  
Michael Skolnik ◽  
John W. Holland
Keyword(s):  
North American ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
University Of Wisconsin ◽  
The University

Response: The Use of Economic Analysis in Public Policy

1995 ◽  
Vol 9 (4) ◽  
pp. 324-326 ◽  
Author(s):  
Wim Wiewel
Keyword(s):  
Economic Analysis ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Economic Losses ◽  
Benefit Analysis ◽  
Policy Relevance ◽  
Economic Tools ◽  
The University ◽  
Environment Cost

Morales and colleagues deserve credit for extending traditional economic analysis by using anthropological field data and applying midlevel economic tools to policy analysis. However, their analysis is problematic because it exaggerates how many benefits would be lost if the Maxwell Street Market were moved, ignores the costs imposed by the market, and does not consider the economic benefits of the university's proposed land use. Even very moderate success of the university's plans will more than compensate for the economic losses caused by the market's move. It was politically impossible for the university to implement its expansion plans while maintaining the market. Such difficult choices inevitably arise in a complex urban environment. Cost-benefit analysis is a useful tool, but provides only some of the information that enters into the decision-making process. Thus analysts must be modest in the claims they make for the policy relevance of their data.

Cost-Benefit Analysis of Manpower Policies: Proceedings of a North American Conference, May 14-15, 1969.

ILR Review ◽  
1970 ◽  
Vol 24 (1) ◽  
pp. 133
Author(s):  
Loren C. Scott ◽  
G. G. Somers ◽  
W. D. Wood
Keyword(s):  
North American ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis
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