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Some Norwegian politicians' use of cost-benefit analysis

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Abstract

Members of the Norwegian Parliament were interviewed about their use of cost-benefit analysis in the political treatment of a road investment plan. Most respondents found the cost-benefit ratio useful as a screening device to pick projects requiring closer political attention, but few seemed to actually use it to rank projects. Attitudes towards cost-benefit analysis varied along the left-right political axis, with politicians to the left being the most sceptical. These findings are consistent with a hypothesis that politicians rationally maximize subjective, but different, perceptions of social welfare.

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Nyborg, K. Some Norwegian politicians' use of cost-benefit analysis. Public Choice 95, 381–401 (1998). https://doi.org/10.1023/A:1005012509068

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