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Scott Farrow

Dados Biográficos

ID5869174
NOMEScott Farrow
PRENOMESScott
SOBRENOMEFarrow
ASSINATURAFARROW S
AFILIAÇÕESUniversity of Maryland, Baltimore County
VERIFICADONão
TOTAL DE OBRAS17
TOTAL DE CITAÇÕES14
TOTAL COMO AUTOR17
TOTAL COMO EDITOR0
PRIMEIRO ANO DE PUBLICAÇÃO1985
ANO MAIS RECENTE DE PUBLICAÇÃO2025
ÍNDICE H2
  • Be Brief, Be Consistent, Be Neutral

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2025

    Ex ante, my primary concerns were about implementation across the wide expanse of federal applications, supporting the supplemental use of distributional weighting, trying to find a supportable middle ground on discounting using the expected value of bounds and a more consistent scope of analysis. Ex post, I felt heard if not followed, perhaps not uncommon for reviewers

  • Inferring the value of short‐staffed public sector jobs

    Open Access•Scott Farrow, Peter B Doeringer et al.•ARTICLE•Journal of Policy Analysis and…•2025•Referências: 1

    This study uses a novel framework based on the “negotiated staffing equilibrium” between governmental agencies and governing bodies to estimate the net benefits of increasing employment in public sector occupations that experience chronic labor shortages. The marginal values of these labor inputs, as perceived by the parties during budget negotiations, are inferred from information on the cost and productivity of labor in short supply compared to…

  • The Net Benefits and Residual Cost from U.S. Border Management of the Initially Inadmissible

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2023•Citada por: 1•Referências: 2

    Border management is a government activity affecting immigration and the economy. Benefit–cost and equivalent decision analyses are used to evaluate U.S. border management for 2017. Controversial issues arise. Among these are the issue of standing and the values of asylum, a criminal career, child custodial care, foreign deaths, fiscal and labor market effects, and distributional weighting. Sixteen unique shadow prices (imputed marginal value) ar…

  • Retrospective Benefit–Cost Analysis of Security-Enhancing and Cost-Saving Technologies

    Open Access•Scott Farrow, Detlof von Winterfeldt•ARTICLE•Journal of Benefit-Cost Analysis•2020•Referências: 2

    Research and development (R&D) planners in homeland security agencies would like to be able to prioritize investments in projects based on costs versus future safety and security benefits. While costs are often readily available, estimates of safety and security benefits are fraught with uncertainty. To address these challenges, a benefit–cost model of technological change is adapted to the homeland security context. Data are sparse; therefore, e…

  • Welfare Analysis

    Open Access•Scott Farrow, Adam Rose•ARTICLE•Journal of Benefit-Cost Analysis•2018•Citada por: 3•Referências: 3

    Advances in theoretical and computable general equilibrium modeling brought their conceptual foundations more in line with standard microeconomic constructs. This reduced the theoretical gap between welfare measurements using a partial or a general equilibrium approach. However, the separation of the partial and general equilibrium literatures lingers in many applications that this manuscript seeks to bridge. The now shared conceptual foundations…

  • Adding Value with Benefit-Cost Analysis

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2015•Referências: 5

    The estimated impacts, benefits, and costs of legalizing slot machines in Maryland are analyzed building on and contrasting with results from an impact analysis. The analysis provides estimates of the components and the total net benefits to the state and its citizens; the role of uncertainty, distributional impacts, and a basic tax alternative. The results forecast mostly positive net benefits for Maryland both in comparison to doing nothing and…

  • Applied Welfare Economics

    Scott Farrow•ARTICLE•Regional Studies•2014•Citada por: 1

    Applied Welfare Economics: Cost–Benefit Analysis of Projects and Policies." Regional Studies, 48(12), pp. 2020–2021

  • The Benefits and Costs of Slot Machine Gambling

    Scott Farrow, Chava Carter et al.•CHAPTER•The Oxford Handbook of the…•2013

    This chapter reviews the basic economic welfare criteria for slot machines, as implemented via benefit-cost analysis. More specifically, it provides a conceptualization of the benefits and costs of slot machines, as well as a scorecard for key elements of a benefit-cost analysis. The chapter also presents several illustrative empirical studies and discusses areas for additional research.

  • News and Social Cost

    Open Access•Scott Farrow, Douglas M Larson•ARTICLE•Journal of Benefit-Cost Analysis•2012•Referências: 3

    Although contingent valuation methods are now frequently used to assess the total value of even distant events, benefit-cost analysis could also be informed by observed behavior that links distant events and consumers. It is typically the news media which connect passive consumers to distant events about which they may or may not take action. The information and adaptation costs incurred by the news consumer are privately beneficial, but addition…

  • Towards Principles and Standards for the Benefit-Cost Analysis of Safety

    Open Access•Scott Farrow, W Kip Viscusi•ARTICLE•Journal of Benefit-Cost Analysis•2011•Referências: 7

    Benefit-cost analysis (BCA) is frequently applied to decisions involving public safety which requires analyzing risk and assessing options to manage risks. Principles and standards may assist analysts, decision-makers, and the public in developing and interpreting such BCAs. Principles and standards at best represent commonly held views among a community of practice. Such views are continually evolving with advances in the field. This paper prese…

  • Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment

    Open Access•Robert Haveman, Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2011•Citada por: 2•Referências: 1

    We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost in times of high unemployment; however, this is not generally correct in times of full employment. Our analysis is consistent with the overall goal of id…

  • Introduction to Inaugural Issue

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2010

    An abstract is not available for this content so a preview has been provided. As you have access to this content, a full PDF is available via the ‘Save PDF’ action button

  • Environmental equity and sustainability

    Open Access•Scott Farrow•ARTICLE•Ecological Economics•1998

  • Extinction and market forces

    Open Access•Scott Farrow•ARTICLE•Ecological Economics•1995

  • Does Analysis Matter? Economics and Planning in the Department of the Interior

    Scott Farrow•ARTICLE•The Review of Economics and…•1991

    Economics is the basis for a substantial portion of the formal policy analyses conducted in government though the effect of analysis is seldom investigated. The 5-Year Offshore Leasing Plan of the Department of the Interior is the specific basis for a schedule of auctions in each of twenty-six planning areas. The schedule is investigated for its relationship to data presented in the plan using a Poisson regression. The conclusion is that the data…

  • Flexible Manufacturing

    Open Access•Scott Farrow•ARTICLE•Journal of Policy Analysis and…•1985

  • Testing the Efficiency of Extraction from a Stock Resource

    Scott Farrow•ARTICLE•Journal of Political Economy•1985•Citada por: 7•Referências: 1

  • Testing the Efficiency of Extraction from a Stock Resource

    Scott Farrow•ARTICLE•Journal of Political Economy•1985•Citada por: 7•Referências: 1

  • Welfare Analysis

    Open Access•Scott Farrow, Adam Rose•ARTICLE•Journal of Benefit-Cost Analysis•2018•Citada por: 3•Referências: 3

    Advances in theoretical and computable general equilibrium modeling brought their conceptual foundations more in line with standard microeconomic constructs. This reduced the theoretical gap between welfare measurements using a partial or a general equilibrium approach. However, the separation of the partial and general equilibrium literatures lingers in many applications that this manuscript seeks to bridge. The now shared conceptual foundations…

  • Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment

    Open Access•Robert Haveman, Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2011•Citada por: 2•Referências: 1

    We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost in times of high unemployment; however, this is not generally correct in times of full employment. Our analysis is consistent with the overall goal of id…

  • The Net Benefits and Residual Cost from U.S. Border Management of the Initially Inadmissible

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2023•Citada por: 1•Referências: 2

    Border management is a government activity affecting immigration and the economy. Benefit–cost and equivalent decision analyses are used to evaluate U.S. border management for 2017. Controversial issues arise. Among these are the issue of standing and the values of asylum, a criminal career, child custodial care, foreign deaths, fiscal and labor market effects, and distributional weighting. Sixteen unique shadow prices (imputed marginal value) ar…

  • Applied Welfare Economics

    Scott Farrow•ARTICLE•Regional Studies•2014•Citada por: 1

    Applied Welfare Economics: Cost–Benefit Analysis of Projects and Policies." Regional Studies, 48(12), pp. 2020–2021

  • Flexible Manufacturing

    Open Access•Scott Farrow•ARTICLE•Journal of Policy Analysis and…•1985

  • Testing the Efficiency of Extraction from a Stock Resource

    Scott Farrow•ARTICLE•Journal of Political Economy•1985•Citada por: 7•Referências: 1

  • Does Analysis Matter? Economics and Planning in the Department of the Interior

    Scott Farrow•ARTICLE•The Review of Economics and…•1991

    Economics is the basis for a substantial portion of the formal policy analyses conducted in government though the effect of analysis is seldom investigated. The 5-Year Offshore Leasing Plan of the Department of the Interior is the specific basis for a schedule of auctions in each of twenty-six planning areas. The schedule is investigated for its relationship to data presented in the plan using a Poisson regression. The conclusion is that the data…

  • Extinction and market forces

    Open Access•Scott Farrow•ARTICLE•Ecological Economics•1995

  • Environmental equity and sustainability

    Open Access•Scott Farrow•ARTICLE•Ecological Economics•1998

  • Introduction to Inaugural Issue

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2010

    An abstract is not available for this content so a preview has been provided. As you have access to this content, a full PDF is available via the ‘Save PDF’ action button

  • Towards Principles and Standards for the Benefit-Cost Analysis of Safety

    Open Access•Scott Farrow, W Kip Viscusi•ARTICLE•Journal of Benefit-Cost Analysis•2011•Referências: 7

    Benefit-cost analysis (BCA) is frequently applied to decisions involving public safety which requires analyzing risk and assessing options to manage risks. Principles and standards may assist analysts, decision-makers, and the public in developing and interpreting such BCAs. Principles and standards at best represent commonly held views among a community of practice. Such views are continually evolving with advances in the field. This paper prese…

  • Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment

    Open Access•Robert Haveman, Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2011•Citada por: 2•Referências: 1

    We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost in times of high unemployment; however, this is not generally correct in times of full employment. Our analysis is consistent with the overall goal of id…

  • News and Social Cost

    Open Access•Scott Farrow, Douglas M Larson•ARTICLE•Journal of Benefit-Cost Analysis•2012•Referências: 3

    Although contingent valuation methods are now frequently used to assess the total value of even distant events, benefit-cost analysis could also be informed by observed behavior that links distant events and consumers. It is typically the news media which connect passive consumers to distant events about which they may or may not take action. The information and adaptation costs incurred by the news consumer are privately beneficial, but addition…

  • The Benefits and Costs of Slot Machine Gambling

    Scott Farrow, Chava Carter et al.•CHAPTER•The Oxford Handbook of the…•2013

    This chapter reviews the basic economic welfare criteria for slot machines, as implemented via benefit-cost analysis. More specifically, it provides a conceptualization of the benefits and costs of slot machines, as well as a scorecard for key elements of a benefit-cost analysis. The chapter also presents several illustrative empirical studies and discusses areas for additional research.

  • Applied Welfare Economics

    Scott Farrow•ARTICLE•Regional Studies•2014•Citada por: 1

    Applied Welfare Economics: Cost–Benefit Analysis of Projects and Policies." Regional Studies, 48(12), pp. 2020–2021

  • Adding Value with Benefit-Cost Analysis

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2015•Referências: 5

    The estimated impacts, benefits, and costs of legalizing slot machines in Maryland are analyzed building on and contrasting with results from an impact analysis. The analysis provides estimates of the components and the total net benefits to the state and its citizens; the role of uncertainty, distributional impacts, and a basic tax alternative. The results forecast mostly positive net benefits for Maryland both in comparison to doing nothing and…

  • Welfare Analysis

    Open Access•Scott Farrow, Adam Rose•ARTICLE•Journal of Benefit-Cost Analysis•2018•Citada por: 3•Referências: 3

    Advances in theoretical and computable general equilibrium modeling brought their conceptual foundations more in line with standard microeconomic constructs. This reduced the theoretical gap between welfare measurements using a partial or a general equilibrium approach. However, the separation of the partial and general equilibrium literatures lingers in many applications that this manuscript seeks to bridge. The now shared conceptual foundations…

  • Retrospective Benefit–Cost Analysis of Security-Enhancing and Cost-Saving Technologies

    Open Access•Scott Farrow, Detlof von Winterfeldt•ARTICLE•Journal of Benefit-Cost Analysis•2020•Referências: 2

    Research and development (R&D) planners in homeland security agencies would like to be able to prioritize investments in projects based on costs versus future safety and security benefits. While costs are often readily available, estimates of safety and security benefits are fraught with uncertainty. To address these challenges, a benefit–cost model of technological change is adapted to the homeland security context. Data are sparse; therefore, e…

  • The Net Benefits and Residual Cost from U.S. Border Management of the Initially Inadmissible

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2023•Citada por: 1•Referências: 2

    Border management is a government activity affecting immigration and the economy. Benefit–cost and equivalent decision analyses are used to evaluate U.S. border management for 2017. Controversial issues arise. Among these are the issue of standing and the values of asylum, a criminal career, child custodial care, foreign deaths, fiscal and labor market effects, and distributional weighting. Sixteen unique shadow prices (imputed marginal value) ar…

  • Be Brief, Be Consistent, Be Neutral

    Open Access•Scott Farrow•ARTICLE•Journal of Benefit-Cost Analysis•2025

    Ex ante, my primary concerns were about implementation across the wide expanse of federal applications, supporting the supplemental use of distributional weighting, trying to find a supportable middle ground on discounting using the expected value of bounds and a more consistent scope of analysis. Ex post, I felt heard if not followed, perhaps not uncommon for reviewers

  • Inferring the value of short‐staffed public sector jobs

    Open Access•Scott Farrow, Peter B Doeringer et al.•ARTICLE•Journal of Policy Analysis and…•2025•Referências: 1

    This study uses a novel framework based on the “negotiated staffing equilibrium” between governmental agencies and governing bodies to estimate the net benefits of increasing employment in public sector occupations that experience chronic labor shortages. The marginal values of these labor inputs, as perceived by the parties during budget negotiations, are inferred from information on the cost and productivity of labor in short supply compared to…

Economics (13 obras) · Business (7 obras) · Computer Science (7 obras) · Engineering (7 obras) · Cost–benefit analysis (6 obras) · Microeconomics (6 obras) · Political science (6 obras) · Economic and Environmental Valuation (4 obras) · Fiscal Policy and Economic Growth (4 obras) · Actuarial science (3 obras)

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