Introduction to benefit-cost volume / Richard O. Zerbe -- Best practice standards for regulatory benefit-cost analysis / Daniel H. Cole -- Welcome to the data-poor real world : incorporating benefit-cost principles into environmental policymaking / Mark L. Plummer -- Agricultural subsidies under decoupling / Andrew Schmitz, Frederick Rossi, Troy G. Schmitz -- General equilibrium in vertical market structures : overselling versus overbuying / Richard E. Just, Gordon C. Rausser -- The Chicago O'Hare expansion : a case study of administrative manipulation of benefit-cost principles / Robert Haveman -- Notes on the premia for foreign exchange and nontradables outlays / Arnold C. Harberger -- An aggregate measure for benefit-cost analysis / Richard O. Zerbe, Yoram Bauman, Aaron Finkle -- Should benefit-cost analyses take account of general equilibrium effects? / V. Kerry Smith, Jared C. Carbone -- The marginal willingness to pay for longevity : a better way to value changes in mortality hazard / Neil Bruce, Robert Halvorsen -- Valuing complex goods : or, can you get anything out of experts other than a decision? / Ben Groom, Andreas Kontoleon, Tim Swanson -- The rise of cost-benefit rationality as solution to a political problem of distrust / Theodore M. Porter -- Biased valuations, damage assessments, and policy choices : the choice of measure matters / Jack L. Knetsch -- The benefits of non-delegation : using the non-delegation doctrine to bring more rigor to benefit-cost analysis / Victor B. Flatt -- Benefit-cost analysis, individual differences, and third parties / Lawrence H. Goulder -- Microeconomic performance : uses, gaps, and opportunities to apply benefitcost analysis / Carol Bray, Scott Farrow, Tim Guinane.

Since 1979 Research in Law and Economics has been presenting original research that explores the extent to which the constraints of law explain economic behavior and the role of economics in forming the law. Leading scholars, including Kenneth Arrow, Kenneth Elzinga, Victor Goldberg, Jack Hirschliefer, Paul Joskow, and Vernon Smith, have chosen Research in Law and Economics as the right forum for presenting their research. Now published bi-annually, each issue of Research in Law and Economics focuses on a timely and relevant topic. Such topics have included economics of environmental policy, urban property rights, antitrust and evolutionary models in economics and law. This volume focuses on cost-benefit analysis and the law, whereas the next special issue will concentrate on corporate finance.