Open AccessBook
Cost-Benefit Analysis
E.J. Mishan,Euston Quah +1 more
TLDR
Costbenefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or program as mentioned in this paper, often of a social nature, and 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.Abstract:
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.read more
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Dissertation
The electronic patient record : a linguistic ethnographic study in general practice
TL;DR: It is suggested that while experimental and quasi-experimental studies have an important place in health informatics research overall, ethnography is the preferred methodological approach for studying ICTs introduced into complex social systems and for ethnographic approaches to be accepted and used to their full potential.
Journal ArticleDOI
On the relationship between the Hicksian measures of change in welfare and the Pareto principle
TL;DR: In this paper, the compensating variation (CV) measure is corrected in a manner such that the new measure is equivalent to the Pareto principle, and the correction is defined in a general equilibrium framework and takes into account the attainability of allocations.
Journal ArticleDOI
The impact of agri-business skills training in Zimbabwe: an evaluation of the Training for Rural Economic Empowerment (TREE) programme
TL;DR: In this article, an evaluation of the International Labour Organization (ILO) Training for Rural Economic Empowerment (TREE) program as implemented in Zimbabwe is presented, where the authors evaluate the ILO training for rural economic empowerment.
Journal ArticleDOI
Financial assessment of incremental seismic retrofitting of Nepali stone-masonry buildings
Nicola Giordano,Alastair Norris,Vibek Manandhar,Liva Shrestha,Dev R. Paudel,Natalie Quinn,Elizabeth Rees,Hima Shrestha,Narayan Prasad Marasini,Rajani Prajapati,Ramesh Guragain,Flavia De Luca,Anastasios Sextos +12 more
TL;DR: In this article, two government-approved retrofitting techniques for Nepali stone in mud mortar masonry (SMM) buildings are broken down into phases and analyzed from an engineering and financial perspective.
Comparing energy technology alternatives from an environmental perspective
TL;DR: In this article, the authors argue that for technical reasons, analysis can provide no definitive or rationally credible answers to the question of overall safety and, as a result of the deficiencies, comparative analysis cannot form the basis of a credible, viable energy policy.