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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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National Benefit/ Cost Analysis of Three Digit-Accessed Telephone Information and Referral Services
Dan O'Shea,Christopher T. King +1 more
TL;DR: In this article, the Ray Marshall Center for the Study of Human Resources (RMCHRS) was used to train a team of researchers at The University of Thessaloniki, Greece.
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Optimal management of two ecologically interacting deer species—reality matters, beliefs don't
TL;DR: In this article, the optimal management of two ecologically interdependent, competing species, roe deer (Capreolus capreolaus) and fallow deer (Dama dama), is analyzed.
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Is It Time to Raise the Gas Tax?: Optimal Gasoline Taxes for Ontario and Toronto
TL;DR: In this article, the authors used a representative agent model and Canadian data to calculate the optimal gasoline taxes for Ontario and the Greater Toronto-Hamilton Area (GTHA) in a second-best setting with pre-existing distortionary income taxes.
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The levelized cost of carbon: a practical, if imperfect, method to compare CO2 abatement projects*
TL;DR: In this article, the cost effectiveness of projects and policies with respect to reducing carbon emissions is calculated for local government agencies to consider the climate impacts of local government projects and their policies.