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Cost-Benefit Analysis (Paperback, 6th edition)
Loot Price: R2,048
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Cost-Benefit Analysis (Paperback, 6th edition)
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Cost-benefit analysis (CBA) is the systematic and analytical
process of comparing benefits and costs in evaluating the
desirability of a project or programme - often of a social nature.
It attempts to answer such questions as whether a proposed project
is worthwhile, the optimal scale of a proposed project and the
relevant constraints. CBA is fundamental to government decision
making and is established as a formal technique for making informed
decisions on the use of society's scarce resources. This timely
sixth edition of the classic Cost-Benefit Analysis text continues
to build on the successful approach of previous editions, with
lucid explanation of key ideas, simple but effective expository
short chapters and an appendix on various useful statistical and
mathematical concepts and derivatives. The book examines important
developments in the discipline, with relevant examples and
illustrations as well as new and expanded chapters which build upon
standard materials on CBA. Highlights include: updated historical
background of CBA extended non-market goods valuation methods the
impact of uncertainty evaluation of programmes and services
behavioural economics decision rules and heuristics CBA and
regulatory reforms CBA in developed and developing countries value
of household production other topics frequently encountered in CBA,
such as costs of diseases and air pollution, and value of
statistical life. This book is a valuable source and guide to
international funding agencies, governments, interested
professional economists and senior undergraduate and graduate
students. The text is fully supported by a companion website, which
includes discussion questions and PowerPoint slides for each
chapter.
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