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Faculty Publications

2011

Cost-benefit analysis

Articles 1 - 2 of 2

Full-Text Articles in Law

Health Inflation, Wealth Inflation, And The Discounting Of Human Life, Ben L. Trachtenberg Jan 2011

Health Inflation, Wealth Inflation, And The Discounting Of Human Life, Ben L. Trachtenberg

Faculty Publications

This article presents two new arguments against “discounting” future human lives during cost-benefit analysis, arguing that even absent ethical objections to the disparate treatment of present and future humanity, the economic calculations of cost-benefit analysis itself - if properly calculated - counsel against discounting lives at anything close to current rates. In other words, even if society sets aside all concerns with the discounting of future generations in principle, current discounting of future human lives cannot be justified even on the discounters’ own terms. First, because cost-benefit analysis has thus far ignored evidence of rising health care expenditures, it underestimates …


Normative Elements Of Parole Risk, W. David Ball Jan 2011

Normative Elements Of Parole Risk, W. David Ball

Faculty Publications

Parole boards evaluate the public safety risk posed by parole-eligible prisoners to determine whether they should be released. In this Essay, I argue that this process, at least as it operates in California, is fundamentally flawed because it asks the wrong question. Rather than ask whether an inmate poses any public safety risk, parole board officials should instead ask whether this risk is worth taking.

One way to answer this question would be to make our calculations more inclusive of all the costs and benefits of release and comparing them with the costs and benefits of retention. Elementary as this …