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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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Environmental Law and Public Policy
TL;DR: In this article, the authors provide an economic perspective of environmental law and policy with regard to both normative and positive dimensions, and provide a positive review of the responsibilities of federal, state, and local levels of government in the environmental realm, plus a normative assessment of this allocation of regulatory responsibility.
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European consumers’ attitudes on services of general interest : accessibility, price and quality
TL;DR: In this article, the authors analyze the impact of privatization and regulatory reforms on consumers' satisfaction with the services provided by the utilities after two decades of reforms, focusing on electricity, gas, water, telephone in the EU 15 Member States.
Journal ArticleDOI
How will the reduction of tariffs and taxes on insecticide- treated bednets affect household purchases?
TL;DR: An approach for analysing the extent to which reform of tariff and tax policy can be expected to increase ITN purchases and suggests that ITN demand is not highly responsive to lower prices if household preferences are held constant.
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Public Policy Induced Changes in Employment: Valuation Issues for Benefit-Cost Analysis
Robert Haveman,David L. Weimer +1 more
TL;DR: In this paper, the authors explore the economic welfare effects of direct and indirect government-induced changes in employment under varying market conditions and assess the likely magnitude of the social opportunity cost of labor in the case of involuntary unemployment.
Journal ArticleDOI
Obesity-Related Policy/Environmental Interventions: A Systematic Review of Economic Analyses
TL;DR: A unique search was conducted of titles and abstracts in MEDLINE, EconLit, SCOPUS, and Web of Science databases that were published from January 2002 through January 2014 in English-language, peer-reviewed journals, describing obesity, physical activity, and diet in combination with economic evaluation.