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Francesco Ramella

Articles by this author (2)

Climate change

by Francesco Ramella    31 May 2017    0

WP 2017-02. Executive summary The prevailing opinion among national governments and supranational institutions is that climate change science is settled and drastic cuts in the emissions of CO2 and other greenhouse gases will be necessary in the next few decades to prevent dangerous climate (...)


Cost-benefit analysis is less than satisfactory. Yet, the alternatives are probably worse

by Francesco Ramella    2 January 2020    0

Cost-benefit analysis is far from being a perfect tool. In particular, the subjective nature of costs and benefits makes all calculations arbitrary. Thus, it may happen that policymakers take bad decisions even when applying the best methodology. Yet, the world of politics requires that (...)