PHILOSOPHICAL PROBLEMS IN COST–BENEFIT ANALYSIS

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Cost-benefit analysis in the context of ecosystem services for human well-being: A multidisciplinary critique (2011, background): “The risk of biased framing is therefore particularly relevant (Hansson, 2007).”
Do Cost–Benefit Analyses Influence Transport Investment Decisions? Experiences from the Swedish Transport Investment Plan 2010–21 (2012, background): “Hansson (2007) gives an overview of philosophical problems and sorts them into ten classes, such as the assumption of interpersonal compensability or the bias in the delimitation of consequences.”
The Stern Review and its critics: economics at work in an interdisciplinary setting (2011, background): “Sometimes, a CBA borrows certain important values such as discount rates and value of statistical life from similar CBA, i.e. the so-called benefit transfer (e.g. see Hansson 2007).”
Ethics and Climate Change Cost-Benefit Analysis: Stern and After (2009, background): “(Hansson 2007: 179) In short, the goal of fully adjusted, truly context-specific valuations is probably unobtainable in practice.”
Risk: objective or subjective, facts or values (2010, background): “(For critical comments on this approach, see Hansson 2007a .”