Basic Cost Benefit Analysis for Assessing Local Public Projects, Second Edition PDF Download
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Author: Barry P. Keating
Publisher: Business Expert Press
ISBN: 1631578820
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
The cost benefit technique is so often referenced in government policy that a correct understanding is necessary for officials entrusted with public decisions. This book presents essential elements for understanding, interpreting, and conducting cost benefit analysis (CBA) in the context of local government. If you’re charged with preparing numerical analyses to assess the worthiness of a specific policy proposal, you’ll need this book to understand how costs and benefits are identified and analyzed in terms of economic efficiency and resource allocation. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency. This book is designed to teach the correct use and interpretation of cost benefit analysis, while advising you of CBA’s limitations and pitfalls. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. The book also includes instructions for using computer spreadsheets to build basic cost benefit models and an appendix on the step-by-step process of discounting future costs and benefits.
Author: Barry P. Keating
Publisher: Business Expert Press
ISBN: 1631578820
Category : Business & Economics
Languages : en
Pages : 120
Get Book Here
Book Description
The cost benefit technique is so often referenced in government policy that a correct understanding is necessary for officials entrusted with public decisions. This book presents essential elements for understanding, interpreting, and conducting cost benefit analysis (CBA) in the context of local government. If you’re charged with preparing numerical analyses to assess the worthiness of a specific policy proposal, you’ll need this book to understand how costs and benefits are identified and analyzed in terms of economic efficiency and resource allocation. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency. This book is designed to teach the correct use and interpretation of cost benefit analysis, while advising you of CBA’s limitations and pitfalls. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. The book also includes instructions for using computer spreadsheets to build basic cost benefit models and an appendix on the step-by-step process of discounting future costs and benefits.
Author: Barry P. Keating
Publisher: Business Expert Press
ISBN: 1606496379
Category : Business & Economics
Languages : en
Pages : 167
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Book Description
CBA is an attempt to fully account for all costs associated with a new proposal along with a detailed calculation of specific private and public benefits. Properly employed, CBA is simply a method for assessing a proposal prior to a collective decision by calculating net benefits relative to an alternative project or the default option of doing nothing.
Author: Ginés de Rus
Publisher: Edward Elgar Publishing
ISBN: 1839103752
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk, and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.
Author: Tevfik F. Nas
Publisher: Lexington Books
ISBN: 1498522513
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
Drawing on the principles of welfare economics and public finance, this second edition of Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volumecarries the reader through the steps of a typical evaluation process, including the identification, measurement, and comparison of costs and benefits, and project selection. Topics include alternative measures of welfare change, such as the concepts of consumer surplus and compensating and equivalent variation measures, shadow pricing, nonmarket valuation techniques of contingent valuation and discrete choice experiment, perspectives on what constitutes a theoretically acceptable discount rate, the social rate of time preference, income distribution, and much more. The book also focuses on real-world applications of cost-benefit analysis in two closely related areas—environment and health care—followed by an examination of the current state of the art in cost-benefit analysis as practiced by international agencies.
Author: Mahmoud A. Al-Odeh
Publisher: Rylanbooks
ISBN: 1607979020
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
Author: Tam Bang Vu
Publisher: Business Expert Press
ISBN: 1631576879
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
Econometrics for Daily Lives helps you collect data and analyze the relationship among numerous factors facing you in your everyday activities. This first volume comprises two parts. Part I reviews basic statistics and introduces the most elementary topics in econometrics, including simple regressions and multiple regressions. Part II discusses several problems arisen in data analyses, one problem at a time, so that you can learn to deal with each problem without having to master advanced topics in econometrics. The volume is full of examples and practical guidance on how to perform data analyses using Microsoft Excel.
Author: Tam Bang Vu
Publisher: Business Expert Press
ISBN: 1631576895
Category : Business & Economics
Languages : en
Pages : 112
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Book Description
This volume deals with advanced topics and specific problems in applied econometrics. Part III introduces advanced topics in econometric theory and contains three chapters. Chapter 7 deals with modeling issues and some phenomena that occur when the dataset you have collected has certain problems that need special attention for your results to be reliable. Chapter 8 analyzes the concepts and models that are not linear in their forms. Chapter 9 introduces several interesting models in advanced time-series techniques when a dataset is not stationary. Part IV applies the theoretical concepts learned in the previous chapters into empirical research. This part also consists of three chapters. Chapter 10 discusses the problem of selection bias and correcting methods. Chapter 11 introduces the regression discontinuity design and differences-in-differences models. Chapter 12 presents steps to carry out an empirical research project and provides strategies to avoid pitfalls in applied econometrics.
Author: J. C. Edison
Publisher: Taylor & Francis
ISBN: 1000192539
Category : Technology & Engineering
Languages : en
Pages : 319
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Book Description
This is a comprehensive book on infrastructure development and construction management. It is written keeping in mind the curricula of construction management programmes in India and abroad. It covers infrastructure development, the construction industry in India, financial analysis of the real estate industry in India, economic analysis of projects, tendering and bidding, contracts and contract management, FIDIC conditions of contract, construction disputes and claims, arbitration, conciliation and dispute resolution, international construction project exports and identifying, analysing and managing construction project risk. Thus, this book covers most of the construction management activities that are carried out at different stages of a construction project. This is an essential book for students of construction management, construction professionals, academicians and researchers.
Author: Peter Nelson
Publisher: Business Expert Press
ISBN: 1948580942
Category : Business & Economics
Languages : en
Pages : 138
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Book Description
There have been many books written about negotiation techniques, but all of these have been turned on their head by the ability of Donald Trump to make it to the White House. Ignoring all precedents and defying even his own party, he has opened an era where neither tradition nor precedent remains the order of the day. Fake news has become the entertainment watchword in an era where a president can send out his own daily tweets to millions of followers and the world press, and no one is able to pre-empt his message or know how to respond. In what would be described negotiation madness, Trump incites confrontation into intransient situations: opening an American embassy in Jerusalem and provoking a North Korean leader by a silly name, which nevertheless still initiates first-time discussions between north and south. If he doesn’t get his wish through Congress, he pretends to give up, plays the man not the issue, going against what all the negotiation books tell you, then comes in again to get what he wants. At every turn the standards of negotiation need to be rewritten in what has become as much politics as entertainment, ego rather than substance, and this is what is targeted in Peter Nelson’s Negotiation Madness.
Author: Peter Nelson
Publisher: Business Expert Press
ISBN: 1948198657
Category : Business & Economics
Languages : en
Pages : 149
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Book Description
Some of the greatest minds of the century have predicted that computers or artificial intelligence will replace 80 percent, if not more, of the world’s workforce. The only uncertainty is the time frame, with the average prediction at about 30 years, although many believe it will be sooner. No matter the exact period, the impact on our planet will eventually be enormous because governments will still need to find a way to provide the unemployed with money on which to live and a Universal Basic Income (UBI), or something similar, is proposed to be paid to everyone without means test. That solution might appear well in theory, but the large numbers of unemployed will not want to be marginalized and will demand over time that the UBI be increased. Following human nature, under a democratic system as we know it, supposedly based on one person one vote, people will vote for whoever gives them more, and more, until the economic system breaks down, unable to afford the payments. The question is whether democracy will survive the challenge or whether we finish with a benign group of bureaucrats at the top who decide what is in the best interests of the majority and the rest of the global population simply accepts it.
