Cost Benefit Analysis Debate (Example)

Document Preview:

Name Institution Professor Date Cost-benefit analysis debate According to Kanie (2014) George Stigler illustrates the economic theory of regulation by holding that laws are driven by the needs of business and are acquired designed and operated primarily for the benefit of business in a manner that protects the profits and competitive environment of regulated business. Also James Wilson argues that regulations rise from political incentives that operate on policymakers. By examining the "costs" and "benefits" which is associated with different rules and their distribution we can determine under which conditions government is more likely to regulate the industry. According to the public interest theory of regulation; policymakers control in response to broad social movements or crisis situations and act to protect the public from undesirable business practices. The public interest theory is most often used by policymakers themselves to explain the introduction of environmental regulations (Kanie 2014). Involuntary Risks be portrayed as such-rather presented regarding science economics and risk. Risk tolerance may vary across interest groups perspectives of those working in dangerous industries versus those of public health professionals. It is necessary to find ways of valuing environmental resources in the right way. Risk Assessment assumes data collection and evaluation with toxicity assessment. I therefore support the case of cost benefits to the economy of a government. Works Cited Ackerman Frank and Lisa Heinzerling. Priceless: on knowing the price of everything and the value of nothing. The New Press 2005. Kanie Norichika. "Governance with Multilateral Environmental Agreements: A Healthy or Ill-equipped Fragmentation?." Green Planet Blues: Critical Perspectives on Global Environmental Politics (2014): 137. Nixon Rob. Slow Violence and the Environmentalism of the Poor. Harvard University Press 2011. Rosenbaum Walter A. Environmental politics and policy. Cq Press 2013. Smith Zachary A. The environmental policy paradox. Pearson Higher Ed 2012. [...]

Order Description:

I need someone to edit and proofread my debate paper so that it makes sense and provides a clear argument. I will need it by 1:00 am tonight and pay attention to intext citations. Anyone who is an expert in political science or environmental science is preferred. The Debate: Ecosystem services have monetary value in the cost-benefit analysis used to assess environmental regulation. Supporters of this practice argue this is necessary in order to protect lives and ecosystems. Is such monetary valuation necessary? Why or why not?