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Cost-Benefit Analysis

Author

Listed:
  • Boardman,Anthony E.
  • Greenberg,David H.
  • Vining,Aidan R.
  • Weimer,David L.

Abstract

Cost-Benefit Analysis provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies. Its review of essential concepts from microeconomics, and its sophisticated treatment of important topics with minimal use of mathematics helps students from a variety of backgrounds build solid conceptual foundations. It provides thorough treatments of time discounting, dealing with contingent uncertainty using expected surpluses and option prices, taking account of parameter uncertainties using Monte Carlo simulation and other types of sensitivity analyses, revealed preference approaches, stated preference methods including contingent valuation, and other related methods. Updated to cover contemporary research, this edition is considerably reorganized to aid in student and practitioner understanding, and includes eight new cases to demonstrate the actual practice of cost-benefit analysis. Widely cited, it is recognized as an authoritative source on cost-benefit analysis. Illustrations, exhibits, chapter exercises, and case studies help students master concepts and develop craft skills.

Suggested Citation

  • Boardman,Anthony E. & Greenberg,David H. & Vining,Aidan R. & Weimer,David L., 2018. "Cost-Benefit Analysis," Cambridge Books, Cambridge University Press, number 9781108415996.
    • Handle: RePEc:cup:cbooks:9781108415996
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    Cited by:

    1. Paulsen, Mads & Rich, Jeppe, 2023. "Societally optimal expansion of bicycle networks," Transportation Research Part B: Methodological, Elsevier, vol. 174(C).
    2. Maria-Teresa Bosch-Badia & Joan Montllor-Serrats & Maria-Antonia Tarrazon-Rodon, 2020. "The Capital Budgeting of Corporate Social Responsibility," Sustainability, MDPI, vol. 12(9), pages 1-28, April.
    3. Batabyal, Amitrajeet A. & Kourtit, Karima & Nijkamp, Peter, 2020. "A political-economy analysis of the provision of urban anti-crime technologies in a model with three cities," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    4. Jessica Catalano & Chiara Pancotti, 2022. "Estimation of SDR in selected countries," Working Papers 202201, CSIL Centre for Industrial Studies.
    5. Monika Foltyn-Zarychta & Rafał Buła & Krystian Pera, 2021. "Discounting for Energy Transition Policies—Estimation of the Social Discount Rate for Poland," Energies, MDPI, vol. 14(3), pages 1-21, January.

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