Cost-benefit analysis:

Should India build a new steel mill, or London an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the main tool that economics provides for analysing problems of social choice. It...

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Bibliographic Details
Other Authors: Layard, Richard 1934- (Editor), Glaister, Stephen (Editor)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 1994
Edition:Second edition
Subjects:
Links:https://doi.org/10.1017/CBO9780511521942
https://doi.org/10.1017/CBO9780511521942
https://doi.org/10.1017/CBO9780511521942
Summary:Should India build a new steel mill, or London an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the main tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics. This new book of readings covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up-to-date, reflecting the most recent research in the area. Part I covers the main theoretical issues affecting cost-benefit analysis. Part II considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (x, 497 pages)
ISBN:9780511521942
DOI:10.1017/CBO9780511521942

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