Cost-Benefit Analysis: Concepts and Practice

by Anthony E. Boardman, David H. Greenberg, Aidan R Vining

Cost-Benefit Analysis provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies. Its review of essential concepts from microeconomics, and its sophisticated treatment of important topics with minimal use of mathematics helps students from a variety of backgrounds build solid conceptual foundations. It provides thorough treatments of time discounting, dealing with contingent uncertainty using expected surpluses and option prices, taking account of parameter uncertainties using Monte Carlo simulation and other types of sensitivity analyses, revealed preference approaches, stated preference methods including contingent valuation, and other related methods. Updated to cover contemporary research, this edition is considerably reorganized to aid in student and practitioner understanding, and includes eight new cases to demonstrate the actual practice of cost-benefit analysis. Widely cited, it is recognized as an authoritative source on cost-benefit analysis. Illustrations, exhibits, chapter exercises, and case studies help students master concepts and develop craft skills.

Genres: Economics

Kindle Edition

Published June 27, 2018

Reviews

[Nicolette · Rating 3 out of 5]

Required text for Microeconomics II class. Good to reference and for the case studies, but not a textbook I would keep.

[Paul D · Rating 4 out of 5]

Good examples, lots of lists to memorize but likely a good reference book after course completion

[Adam Ignasse · Rating 5 out of 5]

Steengoed, veel plezier aan beleefd.