A Primer For Benefit-Cost Analysis.

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Sommer, Rainer

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ISBN:9781843768975
Editorial: Edward Elgar
Fecha de la edición:2006
Encuadernación:Tapa dura
Dimensiones: 0 cm x 0 cm
Nº Pág.:336
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/ Economía Cuantitativa

Benefit-cost analysis (BCA) is the best technique for analyzing proposed or previously enacted projects to determine whether doing them is in the public interest, or to chose between two or more mutually exclusive projects. An introduction to BCA for students as well as practitioners, this accessible volume describes the underlying economic theory and legal and philosophical foundations of BCA.

Contents: 1. Introduction 2. Legal and Philosophical Foundations for Benefit Cost Analysis 3. Standing in Benefit Cost Analysis 4. Analyzing Welfare Changes 5. Valuing Inputs Using Market Prices 6. Valuing Outputs Using Market Prices 7. Assigning Monetary Values Using Shadow Values 8. General Equilibrium Analysis 9. Discounting and Net Present Value 10. Risk and Uncertainty 11. Resources