Cost-benefit analysis

By:

Layard, Richard (Editor)

Contributor(s):

Glaister, Stephen (Editor)

Material type: Text

TextPublication details: Cambridge: Cambridge University Press, 1994.Edition: 2nd EditionDescription: x, 497 pages : illustrationsISBN:

9780521461283
0521461286
9780521466745
0521466741

Subject(s):

Cost effectiveness

DDC classification:

658.1554 COS

Contents:

1. Shadow prices and markets: Policy reform, shadow prices and market prices / J. Dreze and N. Stern -- 2. Shadow prices and markets: Feasibility constraints: foreign exchange and shadow wages / A.K. Sen -- 3. Discount rates: The rate of discount for benefit-cost analysis and the theory of the second best / J.E. Stiglitz -- 4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions / K.J. Arrow and R.C. Lind -- 5. Income distribution: Allowing for income distribution / R. Layard and A.A. Walters -- 6. The costs and benefits of analysis: Project appraisal and planning twenty years on / I.M.D. Little and J.A. Mirrlees -- 7. Time savings: Research into the value of time / The MVA Consultancy et al -- 8. Safety and the saving of life: The theory of equalizing differences / S. Rosen -- 9. Safety and the saving of life: The economics of safety and physical risk / M.W. Jones-Lee.

Summary: Should Chicago build a new airport, or India build a new steel mill? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the mail tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Lending Books	Main Library Stacks	Reference	658.1554 COS (Browse shelf(Opens below))	Available		013555

Total holds: 0

Includes index

1. Shadow prices and markets: Policy reform, shadow prices and market prices / J. Dreze and N. Stern --
2. Shadow prices and markets: Feasibility constraints: foreign exchange and shadow wages / A.K. Sen --
3. Discount rates: The rate of discount for benefit-cost analysis and the theory of the second best / J.E. Stiglitz --
4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions / K.J. Arrow and R.C. Lind --
5. Income distribution: Allowing for income distribution / R. Layard and A.A. Walters --
6. The costs and benefits of analysis: Project appraisal and planning twenty years on / I.M.D. Little and J.A. Mirrlees --
7. Time savings: Research into the value of time / The MVA Consultancy et al --
8. Safety and the saving of life: The theory of equalizing differences / S. Rosen --
9. Safety and the saving of life: The economics of safety and physical risk / M.W. Jones-Lee.

Should Chicago build a new airport, or India build a new steel mill? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the mail tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics.

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