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What Are Limitations Of CBA In Government Policy?
Posted
December 20, 2025
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December 20, 2025
2
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3:37Now PlayingCurious about the drawbacks of using Cost-Benefit Analysis (CBA) in government decision-making? This video dives deep into the inherent limitations that often make CBA an imperfect tool for public policy. We'll uncover why relying solely on economic metrics can sometimes lead to unintended consequences.
In this discussion, you'll learn about:
► The challenges of accurately quantifying all costs and benefits, especially social and environmental impacts.
► How subjective ethical considerations and equity issues often get overlooked in purely economic analyses.
► The potential for bias in data selection and projection, influencing CBA outcomes.
► Why CBA might struggle to address long-term intergenerational impacts and irreversible decisions.
#CBALimitations, #GovernmentPolicy, #PublicPolicy, #EconomicAnalysis, #PolicyCritique
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