IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v11(528)(supplement)y2008i11(528)(supplement)p7-13.html
   My bibliography  Save this article

Theories And Approaches Regarding The Cost – Benefit Analysis Role And Principles

Author

Listed:
  • Tatiana Mosteanu

    (Academy of Economic Studies, Bucharest)

  • Mihaela Iacob

    (Academy of Economic Studies, Bucharest)

Abstract

Cost-benefit analysis, used for the first time by the French engineer Jules Dupuit, is a practical method for measuring costs and benefits of investment projects. Costs and benefits arise both today and the future, and for that reason, in order to be aggregated and brought into comparison, it is essential that all are expressed in a common measurement unit, money, and discounted at a certain moment in time. If aggregation and discounting are simple exercises of algebra, choosing the discounting rate and converting some non-monetary costs and benefits into monetary equivalent, such as the time saved or the human lives saved, represent complex calculations and intense analysis, making use of other academic fields.

Suggested Citation

  • Tatiana Mosteanu & Mihaela Iacob, 2008. "Theories And Approaches Regarding The Cost – Benefit Analysis Role And Principles," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(528)(s), pages 7-13, November.
    • Handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:7-13
    as

    Download full text from publisher

    File URL: http://www.asociatiaeconomistilor.ro/documente/Conferinta_FABBV_engleza.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jovan, Zubovic & Jonel, Subic, 2011. "Reviewing development of active labour market policies and the evaluation techniques," MPRA Paper 35282, University Library of Munich, Germany, revised 17 Oct 2011.
    2. Zubović, Jovan & Simeunović, Ivana, 2012. "On the New Methodology of Cost‐Benefit Analysis of ALMP – The Case of Serbia," MPRA Paper 42532, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:7-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.