Open AccessBook
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
Citations
More filters
Book
Cost Benefit Analysis
TL;DR: In this paper, a revision of the previous edition article by R.H. Haveman, D.L. Weimer, and D.R. Gurewitz is presented.
Journal ArticleDOI
A Multiple Account Framework For Cost-Benefit Analysis
TL;DR: In this article, a spreadsheet-based multiple account framework for cost-benefit analysis is presented, which incorporates all the usual concerns of costbenefit analysts such as shadow-pricing to account for market failure.
Journal ArticleDOI
Cloud Pricing Models: Taxonomy, Survey, and Interdisciplinary Challenges
TL;DR: An extensive survey of many cloud pricing models that were proposed by many researchers during the past decade is offered, which concludes that hyper-converged cloud resources pool supported by cloud orchestration, virtual machine, Open Application Programming Interface, and serverless sandbox will drive the future of cloud pricing.
Journal ArticleDOI
Network externalities and government restrictions on satellite broadcasting of key sporting events.
TL;DR: In this article, the authors argue that transmission on BSkyB would reduce consumer surplus due to network externalities, and that the best arrangement would combine terrestrial broadcasting of the main event with subscription broadcasting of aspects that appeal only to minority tastes.
Journal ArticleDOI
Cost–benefit analysis of investments in airport infrastructure:a practical approach
José Doramas Jorge,Ginés de Rus +1 more
TL;DR: In this article, a cost-benefit analysis approach is presented to conduct project evaluation in conditions of limited analyst time, research budget and data availability, where the emphasis is on discarding economically viable from unviable projects rather than on arriving at a precise estimate of project return.