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Cost-Benefit Analysis for Project Appraisal

Name: Cost-Benefit Analysis for Project Appraisal
Brand: Cambridge University Press
SKU: 09509993
Price: 44.84 EUR
Availability: InStock
Author: Per-Olov Johansson
ISBN: 9781107548220

Per-Olov Johansson

Bengt Kriström

Language

English

Book Paperback

Libristo code: 09509993

Publishers Cambridge University Press, October 2015

Written by two leading experts in the field, this is a compact guide to the key tools and methods ne... Full description

Libristo code: 09509993

109 b

44.84 €

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Written by two leading experts in the field, this is a compact guide to the key tools and methods necessary to carry out cost-benefit analysis. The authors use modern economic tools to obtain general equilibrium cost-benefit rules that can be used to evaluate small projects, as well as large and even mega projects. Intertemporal issues like discounting, the shadow price of capital, and the treatment of risk are covered, and a state-of-the-art summary of available methods for the valuation of unpriced commodities is also included. In addition, the book provides detailed expositions of the marginal cost of public goods (MCPF), the marginal excess burden of taxes (MEB), and second-best evaluation rules, and shows how these concepts are interrelated. The importance of undertaking due diligence in evaluations is highlighted. This is an excellent toolkit for graduate students learning about the principles of CBA, and is a useful guide for government officials and policymakers.