Cost-Benefit Analysis

question 67

Multiple Choice

Cost-benefit analysis:

• A) forces methodical consideration of each impact of a policy on social welfare.
• B) disciplines thinking and always dictates choices.
• C) injects untenable calculation into emotional arguments.
• D) that reveals marginal abatement costs rarely helps regulators find efficient levels of regulation.

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Definitions:

Negative Reinforcement

The strengthening of a behavior because it removes or decreases an unpleasant experience or outcome.

Aversive Punishment

A form of punishment that involves introducing an unpleasant or painful stimulus in order to reduce the likelihood of a behavior reoccurring.

Positive Reinforcers

Stimuli that, when introduced following a behavior, increase the likelihood that the behavior will occur again in the future.

Strengthen Behaviors

Techniques used to increase the frequency or likelihood of a desired behavior, often through reinforcement.