Social Sciences
8 years ago

New method for calculating social benefits revolutionizes public investment decisions!

Oxford Economic Papers
NET SOCIAL BENEFIT CALCULATION AND THE PUBLIC INVESTMENT DECISION 1
Martin Feldstein

Paper Summary

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The article discusses how to calculate the net social benefit of public investments. The researchers focus on determining whether a project is worth investing in by comparing its benefits to its costs. They found that this calculation is crucial for making informed decisions about public investments.