Cost–Benefit Analysis

Name: Cost–Benefit Analysis
SKU: 27804307
Price: 63.99 AUD
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Paperback / softback

Series:

Elements in Public Economics

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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.

Release date Australia

May 24th, 2018

Author

Audience

Professional & Vocational

Illustrations

Worked examples or Exercises; 7 Line drawings, black and white

Pages

100

Series

Elements in Public Economics

Dimensions

151x229x6

ISBN-13

9781108462938

Product ID

27804307

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