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Cost Benefit Analysis

Cost Benefit Analysis

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  • ISBN:9780415349918
  • Editorial: Routledge
  • Fecha de la edición:
  • Encuadernación:Rústica
  • Dimensiones: 17 cm x 25 cm
  • Nº Pág.:336
  • Idiomas:Ingles,Inglés

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Should Malaysia build a new steel mill, or New York City an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions to which cost-benefit analysis; the key economic tool for analysing problems of social choice can contribute as well as providing a useful vehicle for understanding the practical value of welfare economics. This invaluable text covers the main problems that arise in a typical cost-benefit exercise. Cost-benefit analysis is used everywhere, but its techniques are particularly prominent in fields where there is some kind of ethical dimension. For this edition, E J Mishan has been joined by Euston Quah, to explore new themes including the impact of game theory on cost-benefit analysis, and introduce a host of new and up-to-date case studies.

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