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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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The Outcomes and Costs of Public Vocational Rehabilitation Consumers with Mental Illnesses
TL;DR: Data indicated that all groups with mental illnesses averaged lower per capita costs of services than the overall population of VR consumers, but individuals with schizophrenia were more costly than all other comparison groups.
Posted Content
Distribution of benefits and costs among stakeholders of a protected area : an empirical study from China
TL;DR: In this paper, the authors investigated whether people living in the province around the reserve would be willing to pay for conservation in the FNNR through an eco-tax, and they found that they would and that the amount that could be collected would more than cover of compensating those affected inside the protected area.
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Assessing sustainability in certification schemes
TL;DR: In this article, the meaning of sustainability in relation to forestry and the principles underpinning sustainability and the calculation of sustained yield are examined to see how best they can be assessed in certification schemes, given the complexities of temporal and spatial change.
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Cost-benefit of implementing a participatory extension model for improving on-farm adoption of Johne's disease control recommendations.
TL;DR: The FF process should be considered an economically viable program and worthy of investment as part of a JD control strategy, as it demonstrates potential to yield positive net benefits for the Ontario dairy industry.
Posted ContentDOI
Principles and Standards for Benefit-Cost Analysis of Public Health Preparedness and Pandemic Mitigation Programs
TL;DR: In this paper, the authors outline a set of principles and standards (PS modeling the effects on households of school closure policies; uncertainty; discounting; disparate impacts and equity; valuing mortality risk; and health externalities).