<P>Should Malaysia build a new steel mill, or New York City an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions to which cost-benefit analysis, the key economic toolΠΒ for analyzing problems of social choice can contribute to,ΠΒ as well as prov
Cost-Benefit Analysis
β Scribed by D. W. Pearce (auth.)
- Publisher
- Macmillan Education UK
- Year
- 1971
- Tongue
- English
- Leaves
- 77
- Series
- Macmillan Studies in Economics
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Table of Contents
Front Matter....Pages 1-6
The Philosophical Foundations of Cost-Benefit....Pages 7-12
The Origins of CBA....Pages 13-16
The Welfare Foundations of CBA....Pages 17-23
Efficiency and Distribution....Pages 25-31
Decision Rules....Pages 33-38
The Social Rate of Discount....Pages 39-49
The Valuation of Costs and Benefits....Pages 51-58
Risk and Uncertainty....Pages 59-65
A Case Study: The Third London Airport....Pages 67-77
Back Matter....Pages 78-80
β¦ Subjects
Social Choice/Welfare Economics/Public Choice; Operation Research/Decision Theory
π SIMILAR VOLUMES
Should Malaysia build a new steel mill, or New York City an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions to which cost-benefit analysis, the key economic toolΒ for analyzing problems of social choice can contribute to,Β as well as providing
Acclaim for first edition:`The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of