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On the Cognitive Argument for Cost-Benefit Analysis.

In a number of writings, Cass Sunstein has argued that we should use cost-benefit analysis as our primary approach to risk management, because cost-benefit analysis corrects for the cognitive biases that mar our thinking about risk. The paper critically evaluates this ‘cognitive argument for cost-be...

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Published in:Ethical Theory & Moral Practice Vol. 21; no. 2; pp. 217 - 231
Main Author: Christiansen, Andreas
Format: Article
Published: Springer Nature Apr2018
Subjects:
Cognition
Cost effectiveness
Decision making
Theory of knowledge
Critical thinking
Online Access:View this record in EBSCOhost