Cost-Benefit Analysis : Concepts and Practice
For undergraduate economics majors and graduate professional programs in public policy, business, public administration, etc., or as a supplement to courses in public finance, public-sector economics, policy analysis and public-sector decision making.This text uses numerous up-to-date illustrations and examples to show students how theories and techniques are applied to real world situations. Students are provided with a practical orientation and introduction to cost-benefit analysis through problem solving.
- Hardback | 526 pages
- 166.9 x 231.9 x 28.2mm | 716.68g
- 06 Nov 2000
- Pearson Education (US)
- United States
- 2nd edition
- illustrations, glossary, bibliography
Table of contents
I. OVERVIEW. 1. Introduction to Cost-Benefit Analysis. 2. Conceptual Foundations of Cost-Benefit Analysis. II. FUNDAMENTALS OF CBA. 3. Basic Microeconomic Foundations of Cost Benefit Analysis. 4. Valuing Benefits and Costs in Primary Markets. 5. Valuing Benefits and Costs in Secondary Markets. 6. Discounting Future Benefits and Costs. 7. Dealing with Uncertainty: Expected Value, Sensitivity Analysis, and the Value of Information. 8. Option Price and Option Value. 9. Existence Value. 10. The Social Discount Rate. III. VALUATION OF IMPACTS. 11. Valuing Impacts from Observed Behavior: Demonstrations. 12. Valuing Impacts from Observed Behavior: Direct Estimation of Demand Curves. 13. Valuing Impacts from Observed Behavior: Other Revealed Preference Methods. 14. Valuing Impacts through Surveys: Contingent Valuation. 15. Shadow Prices from Secondary Sources. 16. Shadow Prices: Applications to Developing Countries. IV. RELATED METHODS AND ACCURACY. 17. Cost-Effectiveness Analysis and Cost-Utility Analysis. 18. Distributionally Weighted Cost-Benefit Analysis. 19. How Accurate Is CBA? A Selected Cost-Benefit Analysis Bibliography. Name Index. Subject Index.
"This book provides the best, balanced coverage of non-market methods, travel costs, contingent valuation, etc., of any book available."-Terri A. Sexton, California State University-Sacramento"This textbook is the best (CBA textbook) that I could find"-Nachum Sicherman, Columbia University