Cost-Benefit Analysis
Kaup valmöguleikar
Should India build a new steel mill, or London an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the main tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics. This new book of readings covers all the main problems that arise in a typical cost-benefit exercise.
It is entirely up-to-date, reflecting the most recent research in the area. Part I covers the main theoretical issues affecting cost-benefit analysis. Part II considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.
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- Cambridge University Press
- 9780511885280
- 9780521466745
- Page Fidelity (PDF)
- 2
- Richard Layard; Stephen Glaister
- English
- 1994-06-30
- 10
Kaflar
- Title
- Copyright
- Dedication
- Contents
- Introduction
- Part I Theoretical Issues
- 1. Shadow prices and markets: Policy reform, shadow prices and market prices
- 2. Shadow prices and markets: Feasibility constraints: foreign exchange and shadow wages
- 3. Discount rates: The rate of discount for benefit-cost analysis and the theory of the second best
- 4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions
- 5. Income distribution: Allowing for income distribution
- 6. The costs and benefits of analysis: Project appraisal and planning twenty years on
- Part II How To Value Things
- 7. Time savings: Research into the value of time The MVA Consutancy et al.
- 8. Safety and the saving of life: The theory of equalizing differences
- 9. Safety and the saving of life: The economics of safety and physical risk
- 10. The environment: The environment and emerging development issues
- 11. Exhaustible resources: Resource depletion, research and development and the social rate of disco
- Part III Case Studies
- 12. Regulation and deregulation: Enhancing the performance of the deregulated air transportation sys
- 13. Pricing: Pricing and congestion: economic principles relevant to pricing roads
- 14. Public transport: The allocation of urban public transport subsidy
- 15. Health care: QALYs and the equity-efficiency tradeoff
- 16. Infrastructure: Water vending activities in developing countries
- 17. The environment: Assessing the social rate of return from investment in temperate zone forestry
- Index