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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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Economic and Statistical Models for Affordable Housing Policy Design
Michael P. Johnson,H. John Heinz +1 more
TL;DR: In this paper, the authors examine three classes of structural parameters: dollar-valued benefits and costs of affordable/subsidized housing provision, correlates of measures of housing market strength, and locational outcomes of households participating in housing mobility programs.
Research and reflections on European air pollution policy support models
TL;DR: In this paper, the authors analyse the robustness of air pollution policy support models used by the European Commission, with focus on integrated assessment models (IAM) and cost-benefit analysis (CBA).
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The impact of investments in energy conversation technologies on the economic performance of companies - example from the Czech Republic
TL;DR: In this paper, an evaluation of the impact of activities that take a friendly approach to the environment on the productivity and profitability of companies, using a sample of companies in the Czech Republic, is presented.
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Pharmaco-economics analysis, as a strategy on facilitating choices between health and non-health programs in the establishment of the national health care system
TL;DR: This paper aims to contribute to the dissemination of notions and techniques of economic study with a view to integrate these into strategy decisions of payment rationalization and the search for clinical effectiveness.
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Regulating invasive species with different life history
Katarina Elofsson,Ing-Marie Gren +1 more
TL;DR: Results show that, irrespective of life history, both policies are implemented in efficient solutions, but subsidies for controlling the invader are used to a larger extent when it is possible to target specific age classes of theinvader.