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• W1972564698 abstract "We consider a planner who chooses between two public policies and ask whether a referendum or a cost benefit analysis leads to higher welfare. We find that a referendum leads to higher welfare than a cost benefit analysis in a “common value” environment. Cost benefit analysis is better in a “private value” environment." @default.
• W1972564698 created "2016-06-24" @default.
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• W1972564698 date "2010-02-01" @default.
• W1972564698 modified "2023-10-02" @default.
• W1972564698 title "Cost Benefit Analyses versus Referenda" @default.
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• W1972564698 doi "https://doi.org/10.1086/650305" @default.
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