Social cost analysis

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Abstract

Forget social cost analysis as it has been applied by economists associated with economic issues, such as obesity or smoking, the last of which be the basis of discussion here. The basic problem (as usual) is the confusion of social and private costs.

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APA

Tollison, R. D. (2017). Social cost analysis. In Economic Ideas You Should Forget (pp. 151–152). Springer International Publishing. https://doi.org/10.1007/978-3-319-47458-8_65

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