Cost-Benefit Analysis (4e)

Anthony Boardman
David Greenberg
Aidan Vining
David Weimer
Title Cost-Benefit Analysis
Edition 4th
ISBN 9780137002696
ISBN 10 0137002696
Published 17/08/2010
Published by Pearson Higher Ed USA
Pages 560
Format Paperback
In stock
 
Total Price $109.95 Add to Cart
Description
For undergraduate courses in cost-benefit analysis.

A practical introduction to cost-benefit analysis through problem solving.

This authoritative, market-leading text is known for its consistent application of a nine-step framework for conducting or interpreting a cost-benefit analysis.

This edition includes a number of chapters that have been revised and reorganized to make the material clearer and more accessible.

Table of contents
Part I: Overview
Chapter 1. Introduction to Cost-Benefit Analysis
Chapter 2. Conceptual Foundations of Cost-Benefit Analysis
Part II: Fundamentals of CBA
Chapter 3. Economics Foundations of Cost-Benefit Analysis
Chapter 4. Valuing Benefits and Costs in Primary Markets
Chapter 5. Valuing Benefits and Costs in Secondary Markets
Chapter 6. Discounting Benefits and Costs in Future Time Periods
Chapter 7. Dealing with Uncertainty: Expected Values, Sensitivity Analysis, and the Value of Information
Chapter 8. Option Price and Option Value
Chapter 9. Existence Value
Chapter 10. The Social Discount Rate
Part III: Valuation of Impacts

Chapter 11. Predicting and Monetizing Impacts
Chapter 12. Valuing Impacts From Observed Behavior: Experiments and Quasi-Experiments
Chapter 13. Valuing Impacts from Observed Behavior: Direct Estimation of Demand Curves
Chapter 14. Valuing Impacts from Observed Behavior: Indirect Market Methods
Chapter 15. Contingent Valuation: Using Surveys to Elicit Information About Costs and Benefits
Chapter 16. Shadow Prices from Secondary Sources
Chapter 17. Shadow Prices: Applications to Developing Countries
Part IV: Related Methods
Chapter 18. Cost-Effectiveness Analysis
Chapter 19. Distributionally Weighted Cost-Benefit Analysis
Chapter 20. How Accurate is CBA?

New to this edition
Appeal to a diverse audience: This text emphasizes clear discussion over formal mathematics, and application over abstract theory, while still covering important, if difficult, conceptual issues in detail.
  • NEW! The material in this edition focuses on the three intended audiences:
    • For courses on public-sector decision-making offered in graduate programs in public policy analysis, public sector management, urban planning, public administration, business, economics, public health and environmental studies.
    • For courses in economics, public finance, public-sector economics or policy analysis.  
    • For policy analysts and public managers as a general introduction and practical guide to cost-benefit analysis.
NEW! Chapter 11. Predicting and Monetizing Impacts.

Features & benefits
For undergraduate courses in cost-benefit analysis.

A practical introduction to cost-benefit analysis through problem solving.

This authoritative, market-leading text is known for its consistent application of a nine-step framework for conducting or interpreting a cost-benefit analysis.

This edition includes a number of chapters that have been revised and reorganized to make the material clearer and more accessible.

Make conducting/interpreting a CBA more manageable: Nine-Step Framework.
The authors first illustrate the nine steps to conducting and/or interpreting a CBA in Chapter 1, with the straightforward example of the Coquihalla Highway project. This example gives students an opportunity to see the practical realities of the entire cost-benefit analysis process, before getting into technical detail. The conceptual and practical issues introduced in this example are then developed in more depth throughout the remainder of the book.

Provide accurate and realistic information: Boardman, Greenberg, Vining, and Weimer have each contributed to the field as prolific researchers, and their collective experience in consulting brings a true, realistic, and applied foundation to this text.

Appeal to a diverse audience:
This text emphasizes clear discussion over formal mathematics, and application over abstract theory, while still covering important, if difficult, conceptual issues in detail.
  • NEW! The material in this edition focuses on the three intended audiences:
    • For courses on public-sector decision-making offered in graduate programs in public policy analysis, public sector management, urban planning, public administration, business, economics, public health and environmental studies.
    • For courses in economics, public finance, public-sector economics or policy analysis.  
    • For policy analysts and public managers as a general introduction and practical guide to cost-benefit analysis.
NEW! Chapter 11. Predicting and Monetizing Impacts.