Advanced introduction to cost-benefit analysis

Bibliographic Information

Advanced introduction to cost-benefit analysis

Robert J. Brent

(Elgar advanced introductions)

Edward Elgar, c2017

  • : cased
  • : pbk

Available at  / 5 libraries

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This concise yet comprehensive introduction aims to outline the core principles of Cost-Benefit Analysis (CBA), laying them out in an accessible manner with minimum technical detail. The applied nature of the subject is emphasized by showing how each of the principles is applied to an actual public policy intervention, covering transport, education, health and the environment. Robert J. Brent demonstrates how economic efficiency and equity can be combined as social objectives to help determine decisions that can increase satisfaction for all. Covering the fundamental principles, this book presents applications for every concept discussed and lays the foundations for further study in the field. It combines distribution with efficiency as the objectives of public policy, compares the CBA methodology with competing methods of allocating resources that satisfy basic needs, and analyses CBA from the perspective of modern applied welfare economics. The main conclusion is that CBA is the basis for understanding any kind of public policy decision regardless of the field of study, be that government expenditure, taxation or regulation, and irrespective of the tangible or intangible outcome the policy is attempting to influence. Both accessible and erudite, the Advanced Introduction to Cost Benefit Analysis will be essential reading for students of health, education, transportation, public finance, regulation, environmental and development economics, and political science, as well as the general reader interested in understanding how public policy should be implemented. Furthermore, the insightful analysis will appeal to practitioners working in government, public institutions and NGOs.

Table of Contents

Contents: 1. Introduction to CBA 2. Measuring the benefits: Willingness to pay 3. Measuring the benefits: Income and other methods 4. Measuring the costs: Direct, indirect and intangible 5. Discounting and consumer sovereignty 6. Equity and distribution weights 7. Summary and conclusions Index

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Details

  • NCID
    BB24848086
  • ISBN
    • 9781785361753
    • 9781785361777
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Cheltenham
  • Pages/Volumes
    xiv, 139 p.
  • Size
    22 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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