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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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Megaprojects and Regional Development: Pathologies in Project Planning
TL;DR: In this paper, the authors compared pre-project forecasts to post-project outcomes for one of the largest and most comprehensively planned megaprojects ever undertaken in Canada: the Northeast Coal Project (NECP).
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The role of health economic analyses in vaccine decision making.
TL;DR: The framework under which health economic evaluations can be undertaken is reviewed, the experience with and reliability of such analyses are reviewed, and the potential negative implications of the use of health economic analyses as a primary decision making tool are discussed.
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The economic impact of multisystemic therapy through midlife: a cost-benefit analysis with serious juvenile offenders and their siblings.
TL;DR: This study represents the most comprehensive cost-benefit analysis of an MST clinical trial to date and demonstrates that an evidence-based treatment such as MST can produce modest economic benefits well into adulthood.
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Older Patients' Perceptions of Medication Importance and Worth : An Exploratory Pilot Study
Denys T. Lau,Becky A. Briesacher,Nathaniel D. Mercaldo,Leslie Halpern,E. Charles Osterberg,Mary H. Jarzebowski,June M. McKoy,Kathleen M. Mazor +7 more
TL;DR: Preliminary evidence is provided that elderly patients perceive different levels of importance for their medications based on factors beyond clinical efficacy, which may help in the development of interventions to reduce cost-related non-adherence.
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Ranking sources of uncertainty in flood damage modelling: a case study on the cost-benefit analysis of a flood mitigation project in the Orb Delta, France
TL;DR: In this article, the authors used variance-based global sensitivity analysis to propagate uncertainty sources through the modelling chain and assess their overall impact on the outcomes of the CBA, and rank uncertainty sources according to their contribution to the variance of the outcomes.