Cost-Benefit Analysis of Discretionary Wars

Cost-Benefit Analysis of Discretionary Wars

Policy-makers should perform a cost-benefit analysis before initiating a war. This article describes a methodology for such assessment, and applies it post hoc to five military actions undertaken by the United States between 1950 and 2000 (the Korean War, the Vietnam War, the invasion of Grenada, th...

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Bibliographic Details
Main Authors:	Diane Hu, Andrew Cooper, Neel Desai, Sophie Guo, Steven Shi, David Banks
Format:	Article
Language:	English
Published:	Taylor & Francis Group 2019-01-01
Series:	Statistics and Public Policy
Subjects:	cost-benefit analysis risk analysis value of a statistical life
Online Access:	http://dx.doi.org/10.1080/2330443X.2019.1688740

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