Cost Benefit Analysis

Covering all the main problems that arise in a typical cost-benefit exercise, this second edition reflects the most recent research in the area. It considers the main theoretical issues, the problem of ascribing a monetary value to things and includes six separate case studies.

The issue of distribution weight; Social valuation; Valuation of traded and nontraded goods; Consumption investment, and interest rases; Using variable weights: techniques ...

Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme – often of a social nature. It attempts to answer such questions as whether a proposed project is worthwhile, the optimal scale of a proposed project and

A unique presentation of the basics that are needed to understand cost-benefit analysis and put it to immediate use.

This up-to-date survey demonstrates the ways in which cost benefit analysis has developed in response to changes in economic circumstances and conditions over the past three decades. It covers areas including discounting, the effects method and aid trying.