Description: Written by two leading experts, this is a compact guide to the key tools and methods necessary to carry out cost-benefit analysis (CBA). The authors use modern economic tools to obtain general equilibrium cost-benefit rules that can be used to evaluate small projects, as well as large and even mega projects. Intertemporal issues like discounting, the shadow price of capital, and the treatment of risk are covered, and a state-of-the-art summary of available methods for the valuation of unpriced commodities is also included. In addition, the book provides detailed expositions of the marginal cost of public goods (MCPF), the marginal excess burden of taxes (MEB), and second-best evaluation rules, and shows how these concepts are interrelated. The importance of undertaking due diligence in evaluations is highlighted. This is an excellent toolkit for graduate students learning about the principles of CBA, and is a useful guide for government officials and policymakers.
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EAN: 9781107548220
UPC: 9781107548220
ISBN: 9781107548220
MPN: N/A
Book Title: Cost-Benefit Analysis for Project Appraisal by Per
Item Length: 24.4 cm
Number of Pages: 250 Pages
Language: English
Publication Name: Cost-Benefit Analysis for Project Appraisal
Publisher: Cambridge University Press
Publication Year: 2015
Subject: Economics, Accounting, Management
Item Height: 247 mm
Item Weight: 500 g
Type: Study Guide
Author: Per-Olov Johansson, Bengt Kristroem
Item Width: 174 mm
Format: Paperback