An argument against costbenefit analysis is that it requires?

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2026-04-09 02:05

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An argument against cost-benefit analysis is that it requires quantifying and monetizing complex social, environmental, and ethical factors, which can be inherently subjective and challenging. This process may overlook significant qualitative impacts and lead to decisions that prioritize short-term economic gains over long-term social welfare or environmental sustainability. Additionally, the assumptions and estimates used in these analyses can introduce bias, potentially skewing results in favor of certain outcomes.

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