Richard Zerbe

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February 13, 2012

Decades-old riddle in economics — solved?

You could say that the economic field of benefit-cost analysis has been stuck in a kind figure-eight for 70 years — a logical loop leading not forward, but back upon itself. But Richard Zerbe, longtime UW professor in the Evans School of Public Affairs, may have solved this logical paradox — or at least clarified it.

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