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Cost-Benefit Analysis: Concepts and Practice
TLDR
Cost-benefit analysis as discussed by the authors provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies, including 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, and other related methods.Abstract:
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.read more
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A Fishery in Transition: Impact of a Community Marine Reserve on a Coastal Fishery in Northern Mindanao, Philippines
TL;DR: In this article, the authors investigated the environmental and economic impact of a marine protected area in Danao Bay, in the Philippines, and found that the establishment of the MPA has had a significant positive effect on the overall ecological condition of both the protected reserve area and of some of the reefs outside it.
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Adaptation to Climate Change: Formulating Policy under Uncertainty
TL;DR: In this paper, the hallmark of future climate change effects is uncertainty, rather than readily identifiable and deterministic outcomes, and recognizing that there are differing degrees of uncertainty is a key aspect to making policy formulation more realistic.
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Environmental Economic Impact Assessment in China: Problems and Prospects
Henrik Lindhjem,Tao Hu,Zhong Ma,John Magne Skjelvik,Guojun Song,Haakon Vennemo,Jian Wu,Shiqiu Zhang +7 more
TL;DR: The use of economic valuation methods to assess environmental impacts of projects and policies has grown considerably in recent years as mentioned in this paper, however, environmental valuation appears to have developed independently of regulations and practice of environmental impact assessment (EIA), despite its potential benefits to the EIA process.
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Maximizing the productivity and water use efficiency of tomato plants (lycopersicon esculentum mill.) cultivated in the new reclaimed lands using different irrigation water quantities and some water saving substances
A. M. Kamal,M. M. El-Shazly +1 more
TL;DR: In this paper, the effect of three irrigation water quantities (2400, 1800 and 1200 m3 fed-1) and some water saving substances, i.e., control, zeolite, super absorbent polymer and K-humate as well as their interactions on growth, chemical composition, yield, water use efficiency and fruit quality of tomato plants (Jacal F1 hybrid) cultivated under drip irrigation system in new reclaimed lands during early summer season.
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Cost-Benefit Analysis Theory versus Practice at the World Bank 1960 to 2015
TL;DR: In the 1990s, the World Bank switched from the Trade Policy Approach to the increasingly relevant Public Finance Approach as discussed by the authors, leading to an internal manual and operational guidelines, but not a book from a distinguished university press, commonly presumed to signal official Bank policy.