| Cost-Benefit Analysis Contributor(s): Johansson, Per-Olov (Author), Kriström, Bengt (Author) |
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ISBN: 1108462936 ISBN-13: 9781108462938 Publisher: Cambridge University Press OUR PRICE: $20.90 Product Type: Paperback - Other Formats Published: May 2018 |
| Additional Information |
| BISAC Categories: - Political Science | Public Policy - Economic Policy - Medical | Public Health |
| Dewey: 352.43 |
| LCCN: 2018288402 |
| Series: Elements in Public Economics |
| Physical Information: 0.21" H x 6" W x 9" (0.32 lbs) 100 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This Element on cost-benefit analysis provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. The Element discusses how to assess small (or marginal) as well as large (or non-marginal) projects that have a significant impact on prices and/or other economic variables. It also discusses distortions like taxes, market power, and sticky prices. In addition, risk/uncertainty is considered. A novel feature is the elaboration on flexible evaluation rules for reasonably small projects. Conventional point-estimates of projects should be used with care, because they typically give biased results. |
