Cost-Benefit Analysis (CBA) is one of the most useful tools of
applied economics for the social appraisal of public projects and
government policies. Nick Hanley and Edward Barbier show how CBA
can be applied to environmental policy choice and environmental
resource management. They cover the conceptual underpinnings of
CBA, practical methods for applying CBA, and a wide range of case
study applications from Europe, North America and developing
countries. Issues such as the value of ecosystem services and the
special problems posed for CBA by environmental management are
brought into close focus. The textbook is aimed at students on
inter-disciplinary courses as well as those studying environmental
economics, welfare economics and public policy. It will also be of
interest to people in the policy community, NGOs and consultancy
sectors.
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