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Author: Richard O. Zerbe
Publisher: Edward Elgar Publishing
ISBN: 1847201903
Category : Business & Economics
Languages : en
Pages : 323
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Book Description
Benefit cost analysis (BCA) is the best technique for analyzing proposed or previously enacted projects to determine whether undertaking them is in the public interest, or for choosing between two or more mutually exclusive projects. An introduction to BCA for students as well as practitioners, this accessible volume describes the underlying economic theory and legal and philosophical foundations of BCA. BCA provides an objective framework around which discussion, correction and amendment can take place. Stated simply, it is the calculation of values for all the inputs and outputs from a project and then the subtraction of the first from the second. The authors goal here is to take the mystery out of the process. They discuss practical issues of market-based valuation and aggregation, non-market valuation, practical applications of general equilibrium models, issues in discounting, and the impacts of risk and uncertainty in BCA. They also provide a list of resources and case studies looking at ethanol and the use of cellular phones by drivers. Straightforward in style and cutting-edge in coverage, this volume will be highly usable both as a text and a reference. Advanced undergraduates and masters students in public policy, public administration, economics and health care administration programs will find this a valuable resource. It will also be of great use to agencies that perform benefit cost analyses.
Author: Richard O. Zerbe
Publisher: Edward Elgar Publishing
ISBN: 1847201903
Category : Business & Economics
Languages : en
Pages : 323
Get Book
Book Description
Benefit cost analysis (BCA) is the best technique for analyzing proposed or previously enacted projects to determine whether undertaking them is in the public interest, or for choosing between two or more mutually exclusive projects. An introduction to BCA for students as well as practitioners, this accessible volume describes the underlying economic theory and legal and philosophical foundations of BCA. BCA provides an objective framework around which discussion, correction and amendment can take place. Stated simply, it is the calculation of values for all the inputs and outputs from a project and then the subtraction of the first from the second. The authors goal here is to take the mystery out of the process. They discuss practical issues of market-based valuation and aggregation, non-market valuation, practical applications of general equilibrium models, issues in discounting, and the impacts of risk and uncertainty in BCA. They also provide a list of resources and case studies looking at ethanol and the use of cellular phones by drivers. Straightforward in style and cutting-edge in coverage, this volume will be highly usable both as a text and a reference. Advanced undergraduates and masters students in public policy, public administration, economics and health care administration programs will find this a valuable resource. It will also be of great use to agencies that perform benefit cost analyses.
Author: Harley H. Hinrichs
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages : 172
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Book Description
Author: Edward M. Gramlich
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
Author: Harry F. Campbell
Publisher: Cambridge University Press
ISBN: 1107717590
Category : Business & Economics
Languages : en
Pages : 366
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Book Description
Benefit-Cost Analysis offers the perfect introduction to benefit–cost analysis. The book closely integrates the theory and practice of benefit–cost analysis using a spreadsheet framework. The spreadsheet model is constructed in a truly original way which contributes to transparency, provides a check on the accuracy of the analysis, and facilitates sensitivity, risk and alternative scenario assessment. A case study incorporating the various issues is progressively developed on a spreadsheet with the links between each stage thoroughly explained. The complete case study spreadsheet can serve as a template for the reader's own appraisal of projects in the field. In addition to the worked examples in the text some exercises are appended at the end of each chapter. For further information please visit http://www.uq.edu.au/economics/bca
Author: Richard O. Zerbe
Publisher: HarperCollins College
ISBN:
Category : Business & Economics
Languages : en
Pages : 584
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Book Description
Author:
Publisher:
ISBN:
Category : Economic impact analysis
Languages : en
Pages : 40
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Book Description
This primer provides a foundation for understanding the role of economic analysis in highway decision making. It is oriented toward state and local officials who have responsibility for assuring that limited resources get targeted to their best uses and who must publicly account for their decisions. Economic analysis is presented as an integral component of a comprehensive infrastructure management methodology that takes a long-term view of infrastructure performance and cost. The primer encompasses a full range of economic issues, including economic fundamentals, life-cycle cost analysis, benefit-cost analysis, forecasting traffic for benefit calculations, risk analysis and economic impact analysis.
Author: Henry M. Levin
Publisher: SAGE Publications, Incorporated
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
In times of economic recession, cost-effectiveness and business evaluation assume a very important role in resource planning. All business ventures discover the need to maximize the utility of their limited supply of funds.Here Levin introduces to administrators and evaluators alike the principles a.
Author: A Allan Schmid
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
Author: Kenneth Joseph Arrow
Publisher: A E I Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This primer highlights both the strengths and the limitations of benefit-cost analysis in the development, design, and implementation of regulatory reform.
Author: Ginés de Rus
Publisher: Edward Elgar Publishing
ISBN: 1849804540
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
This book shows that cost-benefit analysis does not need to be an esoteric and arcane subject. In a step-by-step presentation, with little more than introductory microeconomics, some clear reasoning, and many examples, Professor Ginés De Rus presents the essentials of applied welfare economics concepts. Any undergraduate student or practitioner who wants to start his training in CBA should consider reading this text.
