Cognition And Cost‐Benefit Analysis

By Cass R. Sunstein. The Journal of Legal Studies, 2000

263 citations recorded by the source corpus.

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The value of a Statistical Life under Ambiguity Aversion (2010, background): “Along similar lines, Sunstein [53] argues that, in the presence of divergent risk scenarios, policy-makers focus too much on the worst-case scenario, and do not account enough for the low probabilities involved.”
Impact of license choice on Open Source Software development activity (2009, background): “Sunstein (2000) does not endorse this economic view, and instead makes a cognitive case for cost-benefit analysis: “I have suggested that cost-benefit analysis, often defended on economic grounds, can be urged less contentiously on cognitive grounds.”
The Law of Group Polarization (2002, unknown): “85 In our culture, and in light of existing norms, the person favoring the higher amount for punitive damages appears likely to be more convincing than the person favoring the lower amount.”