Main description:
This book has been designed specifically with the non-economist in mind - for example, students in public administration, urban studies and health care - who may have little or no preparation in economics. It includes recent developments in the theoretical and empirical cost-benefit analysis (CBA) literature beginning with a detailed discussion of welfare economics and the microeconomic foundations of CBA. It gives comprehensive treatment to CBA methodology and concludes with the current state of CBA as it is practised by public and international agencies, with applications in areas of health care and the environment.
Review quote:
...
'As an introduction to the concepts underlying cost-benefit analysis, this volume is well-written and comprehensive. It could be used profitably in an undergraduate course or in courses on evaluation where students have at least some understanding of economics.'
. Henry M. Levin
Table of contents:
Introduction
Economic Efficiency, Income Distribution, and the Market Mechanism
Market Failure, Economic Efficiency, and Collective Decision-Making
Principles of Cost-Benefit Analysis
Allocational Effects of Public Projects
Measuring Costs and Benefits
Nonmarket Valuation
Investment Criteria and Project Selection
The Choice of Discount Rate
Income Distribution as an Evaluation Criterion
Applications of Cost-Benefit Analysis
Evaluation Studies
Environment
Evaluation Studies
Health Care
CBA in a Developing Country Context
This book has been designed specifically with the non-economist in mind - for example, students in public administration, urban studies and health care - who may have little or no preparation in economics. It includes recent developments in the theoretical and empirical cost-benefit analysis (CBA) literature beginning with a detailed discussion of welfare economics and the microeconomic foundations of CBA. It gives comprehensive treatment to CBA methodology and concludes with the current state of CBA as it is practised by public and international agencies, with applications in areas of health care and the environment.
Review quote:
...
'As an introduction to the concepts underlying cost-benefit analysis, this volume is well-written and comprehensive. It could be used profitably in an undergraduate course or in courses on evaluation where students have at least some understanding of economics.'
. Henry M. Levin
Table of contents:
Introduction
Economic Efficiency, Income Distribution, and the Market Mechanism
Market Failure, Economic Efficiency, and Collective Decision-Making
Principles of Cost-Benefit Analysis
Allocational Effects of Public Projects
Measuring Costs and Benefits
Nonmarket Valuation
Investment Criteria and Project Selection
The Choice of Discount Rate
Income Distribution as an Evaluation Criterion
Applications of Cost-Benefit Analysis
Evaluation Studies
Environment
Evaluation Studies
Health Care
CBA in a Developing Country Context