Cost-benefit analysis : theory and application

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Bibliographic Information

Cost-benefit analysis : theory and application

Tevfik F. Nas

Sage Publications, c1996

  • : hbk
  • : pbk

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Note

Includes bibliographical references (p. 208-213) and index

Description and Table of Contents

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.

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

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