Best Articles Published in 2016

March 12, 2017

The Editors of the Journal of Benefit-Cost Analysis are pleased to recognize noteworthy work published in 2016.  Impressed with the diligence with which Best Article Award Committee members Glenn Jenkins, Clark Nardinelli, and Fran Sussman worked, we decided to take their recommendation and recognize three outstanding articles.  Congratulations to the authors!

  • B. Douglas Bernheim “The Good, the Bad, and the Ugly: A Unified Approach to Behavioral Welfare Economics” 7,1 (Spring).  A critical paper for practitioners to read in order to understand the underpinnings of the normative implications of BCA and the limitations of the valuation techniques.
  • W. Kip Viscusi and Ted Gayer “Rational Benefit Assessment for an Irrational World: Toward a Behavioral Transfer Test” 7,1 (Spring)  The proposal is a bridge for analysts to use to cover the gap between behavioral failures and the consumer sovereignty underlying benefits assessment in benefit-cost analysis.
  • Deven Carlson, Joseph Ripberger, Hank Jenkins-Smith, Carol Silva, Kuhika Gupta, Robert Berrens, and Benjamin Jones “Contingent Valuation and the Policymaking Process: An Application to Used Nuclear Fuel in the United States” 7,3 (Fall)  For public policy decisions where those who prefer a current policy, and cannot ignore or opt out of the policy change, would be hurt if an alternative is imposed on them. The information derived by using the methodology developed by the authors will be highly relevant for measuring relative willingness to pay of stakeholders.

Find these and other JBCA articles on our Cambridge University Press website