Cost-Benefit Analysis
Book Details
Format
Paperback / softback
Book Series
Elements in Public Economics
ISBN-10
1108462936
ISBN-13
9781108462938
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 24th, 2018
Print length
102 Pages
Weight
160 grams
Dimensions
22.90 x 15.10 x 0.60 cms
Product Classification:
MicroeconomicsPolitical economy
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Provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. Discusses how to assess the impact of small and large projects on prices and other economic variables. A novel feature is the flexible evaluation rules for reasonably small projects.
This Element on cost-benefit analysis provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. The Element discusses how to assess small (or marginal) as well as large (or non-marginal) projects that have a significant impact on prices and/or other economic variables. It also discusses distortions like taxes, market power, and sticky prices. In addition, risk/uncertainty is considered. A novel feature is the elaboration on flexible evaluation rules for reasonably small projects. Conventional point-estimates of projects should be used with care, because they typically give biased results.
Get Cost-Benefit Analysis by Bengt Kriström, Per-Olov Johansson at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Cambridge University Press and it has 102 pages.
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