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Cost-Benefit Analysis
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Cost-Benefit Analysis (Hardback)

£150.00
Pre-order for despatch on publication.

Synopsis

Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme - often of a social nature. It attempts to answer such questions as whether a proposed project is worthwhile, the optimal scale of a proposed project and the relevant constraints. CBA is fundamental to government decision making and is established as a formal technique for making informed decisions on the use of society's scarce resources.





This timely sixth edition of the classic Cost-Benefit Analysis text continues to build on the successful approach of previous editions, with lucid explanation of key ideas, simple but effective expository short chapters and an appendix on various useful statistical and mathematical concepts and derivatives. The book examines important developments in the discipline, with relevant examples and illustrations as well as new and expanded chapters which build upon standard materials on CBA. Highlights include;























updated historical background of CBA















extended non-market goods valuation methods















the impact of uncertainty















evaluation of programmes and services















behavioural economics















decision rules and heuristics















CBA and regulatory reforms















CBA in developed and developing countries















value of household production















other topics frequently encountered in CBA, such as costs of diseases and air pollution, and value of statistical life

















This book is a valuable source and guide to international funding agencies, governments, interested professional economists and senior undergraduate and graduate students.





The text is fully supported by a companion website, which includes discussion questions and PowerPoint slides for each chapter.

BusinessEconomicsEconomics of industrial organisationBusinessEconomicsMicroeconomicsBusinessFinance & accountingAccountingPublic finance accountingHistory & PoliticsPolitics & government Publisher: Taylor & Francis Ltd Publication Date: 17/07/2020 ISBN-13: 9781138492745  Details: Type: Hardback Format: Books
Availability: Pre-order for despatch on publication. Pre-Order

E.J. Mishan was Professor of Economics at the London School of Economics, UK, from 1956 to 1977. Euston Quah is Albert Winsemius Chair Professor of Economics at Nanyang Technological University, Singapore.

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