The cost-benefit analysis was originally a political tactic used to discredit regulatory programs (Sinden, 2019). According to Sinden (2019), the cost of implementing project would be inflated over the value of the benefit to devalue the benefit of the regulation. According to Cole (2012), CBAs are subjective, and the value human lives can easily be manipulated and discounted to promote or denounce regulations. In the case of our legislative leaders, the vote is more valuable than a human life.
Respond one of your colleagues’ posts by offering a possible resolution to their questions/concerns with supporting documentation. at least 2 references in each peer responses A cost-benefit analysis is an estimate that analyzes the cost and benefit of a policy or project to evaluate its worth (Hwang, 2016). For lawmakers, the value of […]
