July 2018 Newsletter
News and Updates

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Membership Benefits

The Society has been growing steadily since its inception in 2007, and our annual conference and other activities help us work toward our mission of working to promote and improve the theory and practice of benefit-cost analysis.  

Click Below to Learn About Member Benefits:

SBCA membership

Please contact Steve Jones, Executive Director with any renewal issues or questions. 

Date Extended: EPA Soliciting Comments on How Costs and Benefits are Compared

The U.S. Environmental Protection Agency is soliciting comment on whether and how it should promulgate regulations to improve the consistency and transparency of how costs and benefits are compared when making environmental regulatory decisions. The EPA is also soliciting comment on whether such regulations could prescribe specific analytic approaches to quantifying the costs and benefits of EPA regulations. For more information and to submit comments see the Advance Notice of Proposed Rulemaking.

 The deadline for comments is August 13.

A Call for Submissions | Program Committee

The Program Committee welcomes submissions on all topics. We encourage proposals for panels, roundtables, and presentations on Communicating Benefit-Cost Analysis, Expanding the Domain of Benefit-Cost Analysis, and Benefits and Costs Beyond the Beltway. Look for details and further information in August. 

If you are interested in volunteering, please contact us here. 

Milan Summer School - 8th Edition

Cost Benefit Analysis of Investment Projects - Principles and Sector Applications

September 10 - 14

An intensive and participative learning experience focused on the appraisal (Cost Benefit Analysis, CBA) of major infrastructure projects, with a focus on those asking for co-financing under the European Structural and Investment Funds in the programming period 2014-2020.  To learn more about it click here.

Donate to SBCA

In addition to your membership, consider making a donation to the SBCA. Your contribution helps to further the mission of the SBCA to advance the theory and practice of benefit-cost analysis and related economic evaluation methods.

Gifts to the SBCA are fully tax deductible and support activities not covered by membership and conference fees. 

Click Here to Donate. 


2018 JBCA Editor Search

The Society seeks an editor who will continue to raise the profile of the journal with its intended audiences, broaden the submissions from academics and practitioners, and maintain the highest standards for rigor and relevance.

Application Process
Applications are due October 1, 2018. An application should include the following items:

1.  Curriculum vita for the proposed editor and any proposed co-editor or associate editors.
2.  A short statement (1 – 2 pages) reviewing the qualifications of the proposed editor(s) and indicating their motivation for becoming JBCA editor. 
3.  A short statement (1 – 2 pages) of editorial goals and philosophy, as well as plans for serving journal audiences.
4.  A letter of support from the applicant’s home institution, noting institutional contributions in terms of faculty release time, graduate or undergraduate student assistance, office staff personnel, and editorial team office space, among other contributions.

Please send application materials to the Journal Search Committee, care of Steven Jones.

On Balance: Retrospective Analyses Are Hard: A Cautionary Tale

July 13, 2018 

By Art Fraas

Under the 1990 Clean Air Act Amendments, the U.S. Environmental Protection Agency (EPA) was required to establish standards limiting air toxics emissions from industrial plants. An article in the latest issue of the Journal of Benefit Cost Analysis  (JBCA)“Retrospective Analyses Are Hard: A Cautionary Tale from EPA's Air Toxics Regulations,” takes a retrospective look at 5 of the largest rules issued by EPA in the initial round of air toxics rulemaking over the period 1995 to 2000. For the rules examined, our estimates suggest mixed results, in terms of the reductions in emissions that were achieved. However, our efforts during the project also reinforce the difficulty of obtaining adequate plant emissions data, even where there is an established database--in this case, the Toxic Release Inventory (TRI).

Click Here to Read More

SBCA's members may access JBCA articles here:



Program Committee | Program Logistics for Society for Benefit-Cost Analysis
2019 Annual Conference

You’re invited to volunteer for Society for Benefit-Cost Analysis’ Program Committee! We are looking for volunteers that would like to support the Program Committee to manage and develop unique sessions for the 2019 annual conference.

If you are interested in volunteering, please contact us here. 


The Journal of Benefit-Cost Analysis: Summer 2018 Issue is Here!

The Summer 2018 issue of the JBCA is now available. The issue includes the following:
  •  “Best Estimate Selection Bias in the Value of a Statistical Life” by W. Kip Viscusi
  •  “Retrospective Analyses Are Hard: A Cautionary Tale from EPA’s Air Toxics Regulations” by Art Fraas and Alex Egorenkov
  • “Retrospective Analysis of U.S. Federal Environmental Regulation” by Richard Morgenstern
  • “Examining the perceptions and effects of survey consequentiality across population subgroups” by O. Ashton Morgan, William L. Huth, and Paul Hindsley
  •  “A benefit-cost analysis of a red drum stock enhancement program in South Carolina” by R. J. Rhodes, J. C. Whitehead, T. I. J. Smith, and M. R. Denso
  • “Cost-Benefit and Fiscal Impact Analysis of Ohio Historic Preservation Tax Credit (OHPTC)” by Tatyana Guzman

 All SBCA members receive complimentary access to the JBCA through the SBCA Memberleap portal. Click below for the current Spring edition! 



Please feel free to contact us with any questions.

Save the Date!

SBCA's 2019 Annual Conference and Meeting will be held on 
March 13 – 15, 2019 in 
Washington, DC at the George Washington University's Marvin Center

Stay tuned for more details

This conference provides an opportunity for Society members and others in the field to present and explore cutting-edge scholarship.
SBCA Newsletter - July 2018 Newsletter