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Cost-Benefit Analysis - Concepts and Practice (Hardcover, 5th Revised edition)
Loot Price: R3,486
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Cost-Benefit Analysis - Concepts and Practice (Hardcover, 5th Revised edition)
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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.
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