Burton Weisbrod
Burton A. Weisbrod (born February 13, 1931, in
Chicago, Illinois) is an
American economist who pioneered the theory of
option value, and the theory of why voluntary
nonprofit organizations exist, He also developed the methodology for valuing voluntary labor. He advanced methods for
benefit-cost analysis of
public policy by recognizing the roles of
externality effects and collective
public goods in program evaluation. He applied those methods to the fields of
education,
health care,
poverty,
public interest law, and
nonprofit organization. Over a career of fifty years, he published 16 books and over 200 scholarly articles. He is currently the Cardiss Collins Professor of Economics Emeritus and a Fellow of the
Institute for Policy Research at
Northwestern University.
Provided by Wikipedia
-
1