Critigue article using Boardmans 9 major steps in Cba
I. Decide whose benefits and costs count (standing).
2. Select the portfolio of alternative projects.
3. Catalogue potential (physical) impacts and select measurement indicators.
4. Predict quantitative impacts over the life of the project.
5. Monetize (attach dollar values to) all impacts.
6. Discount for time to find present values.
7. Sum: Add up the benefits and costs.
8. Perform sensitivity analysis.
9. Recommend the alternative with the largest net social benefits
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