Cost-Benefit Analysis: Concepts and Practice 
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 Cost-Benefit Analysis provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies. Its review of essential concepts from microeconomics, and its sophisticated treatment of important topics with minimal use of mathematics helps students from a variety of backgrounds build solid conceptual foundations. It provides thorough treatments of time discounting, dealing with contingent uncertainty using expected surpluses and option prices, taking account of parameter uncertainties using Monte Carlo simulation and other types of sensitivity analyses, revealed preference approaches, stated preference methods including contingent valuation, and other related methods. Updated to cover contemporary research, this edition is considerably reorganized to aid in student and practitioner understanding, and includes eight new cases to demonstrate the actual practice of cost-benefit analysis. Widely cited, it is recognized as an authoritative source on cost-benefit analysis. Illustrations, exhibits, chapter exercises, and case studies help students master concepts and develop craft skills. 
 
 
 
 



        

            
            

                
Publisher
                
Cambridge University Press; 5th edition (19 July 2018)
            
            
            

                
Dimensions
                
20.32 x 3.33 x 25.4 cm
            
            
            

                
Language
                
English
            
            
            

                
Hardcover
                
604 pages
            
            
            

                
Book Type
                
Hardcover
            
            
            

                
ISBN-10
                
1108415997
            
            
            

                
ISBN-13
                
978-1108415996
            
            
        
         




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