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Cost-Benefit Analysis

Name: Cost-Benefit Analysis
Brand: Cambridge University Press
SKU: 02032023
Price: 58.99 EUR
Availability: InStock
Author: Richard LayardStephen Glaister
ISBN: 9780521466745

Richard LayardStephen Glaister

Language

English

Book Paperback

Libristo code: 02032023

Publishers Cambridge University Press, June 1994

Should India build a new steel mill, or London an urban motorway? Should higher education expand, or... Full description

Libristo code: 02032023

144 b

58.99 € VAT included

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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.