Week 6 Reading

Valuation, NPV, Benefit-Cost Analysis

Assignment

Read K. Arrow et al. (2013). If you want to dig deeper, read K. J. Arrow et al. (2013) as well. Maybe will add a bit of U.S. Office of Management and Budget (2023).

Overview

Reading TBD.

Discussion Questions

  1. TBD
  2. TBD

References

Arrow, K., Cropper, M., Gollier, C., Groom, B., Heal, G., Newell, R., et al. (2013). Determining benefits and costs for future generations. Science, 341(6144), 349–350. https://doi.org/10.1126/science.1235665
Arrow, K. J., Cropper, M., Gollier, C., Groom, B., Heal, G. M., Newell, R. G., et al. (2013, December 19). How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel [SSRN Scholarly Paper]. https://doi.org/10.2139/ssrn.2199511
U.S. Office of Management and Budget. (2023). Circular No. A-94: Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs (Circular). Executive Office of the President. Retrieved from https://www.whitehouse.gov/wp-content/uploads/2023/11/CircularA-94.pdf