Microeconomic Performance: Uses, Gaps, and Opportunities to Apply Benefit–Cost Analysis

Abstract

Benefit–cost and cost-effectiveness analyses form the core of microeconomic performance measures by which to evaluate federal programs and policies. The current uses of such measures in the federal government are summarized and opportunities for their expanded application, sources of generally accepted analytical principles and opportunities to improve the consistency and credibility of microeconomic performance measures are discussed.

Citation

Bray, C., Farrow, S. and Guinane, T. (2007), "Microeconomic Performance: Uses, Gaps, and Opportunities to Apply Benefit–Cost Analysis", Zerbe, R.O. (Ed.) Research in Law and Economics (Research in Law and Economics, Vol. 23), Emerald Group Publishing Limited, Leeds, pp. 87-102. https://doi.org/10.1016/S0193-5895(07)23004-0