The author, Kelman, analyzes cost-benefit analysis through the lens of ethical t

Question

The author, Kelman, analyzes cost-benefit analysis through the lens of ethical theory. He argues for three conclusions. Which of the following IS NOT one of Kelman's conclusions? Select one or more: a. In areas of environmental, safety, and health regulation, there may be many instances where a certain decision might be right even though its benefits do not outweigh its costs. b. There are good reasons to oppose efforts to put dollar values on on-marketed benefits and costs Oc. Given the reasons why it is problematic to monetize non-marketed benefits or costs that is a prerequisite for cost-benefit analysis, it is not justifiable to devote major resources to the generation of data for cost-benefit calculations or to undertake efforts to further promote cost-benefit analysis. d. Getting decision-makers to make more use of cost-benefit techniques is important enough to warrant both the expense required to gather the data for improved cost-benefit estimation and the political efforts needed to give the activity higher priority compared to other activities.

Explanation / Answer

Answer:-

*The (C) conclusion is incorrect.

.The remaining three are the conclusions given by the author on the issue of cost benefit analysis applied in various fields. One of the preliminary analysis suggest that there is a strong presumption for the act not to be undertaken unless the cost associated outweighed by benefits.

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