Cost-Benefit Analysis

Theory and Application

Tevfik F. Nas (Autor)

Buch | Softcover

252 Seiten

2018 | 2nd edition
Lexington Books (Verlag)
978-1-4985-2252-6 (ISBN)

Artikel merken

Cost-Benefit Analysis: Theory and Application, Second Edition provides exposure to welfare economic theory and a comprehensive framework for conducting a complete and theoretically consistent project analysis.

Drawing on the principles of welfare economics and public finance, this second edition of Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volumecarries the reader through the steps of a typical evaluation process, including the identification, measurement, and comparison of costs and benefits, and project selection. Topics include alternative measures of welfare change, such as the concepts of consumer surplus and compensating and equivalent variation measures, shadow pricing, nonmarket valuation techniques of contingent valuation and discrete choice experiment, perspectives on what constitutes a theoretically acceptable discount rate, the social rate of time preference, income distribution, and much more. The book also focuses on real-world applications of cost-benefit analysis in two closely related areas—environment and health care—followed by an examination of the current state of the art in cost-benefit analysis as practiced by international agencies.

Tevfik F. Nas is professor of economics at the University of Michigan-Flint.

1. Introduction
2. Efficiency Norm: Pareto Optimality
3. Economic Efficiency and the Market Mechanism
4. Economic Efficiency and Public Goods
5. Economic Efficiency in the Presence of Externalities
6. Collective Decision Making
7. Principles of Cost-Benefit Analysis
8. Allocational Effects of Public Projects
9. Measuring Costs and Benefits
10. Nonmarket Valuation
11. Investment Criteria and Project Selection
12. The Choice of Discount Rate
13. Income Distribution as an Evaluation Criterion
14. Applications of Cost-Benefit Analysis
15. Evaluation Issues in Environmental Studies
16. Evaluation Studies: Health Care
17. CBA in a Developing Country Context

Erscheinungsdatum	10.05.2021
Zusatzinfo	50 b/w illustrations; 13 tables;
Sprache	englisch
Maße	152 x 230 mm
Gewicht	386 g
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-4985-2252-1 / 1498522521
ISBN-13	978-1-4985-2252-6 / 9781498522526
Zustand	Neuware