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Cost-Benefit Analysis 2ed Paperback – 21 Aug 2008
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'The introduction is an excellent review of the basic principles of cost benefit analysis, and the readings are definitive. An excellent basis for a course.' Geoffrey Heal, Columbia University
This fully revised textbook covers all the main problems that arise in a typical cost-benefit exercise, reflecting the most recent research in the area. It covers the main theoretical issues and provides an extended elementary introduction.See all Product description
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on 16 July 2010
This book was published some time ago but theoretically it remains up to date. The first fifty pages offer a classical 'evergreen' description of cost-benefit analysis, including its various stages and major issues (such as pricing of non-market values). It provides a wide picture of CBA and related issues but its pratical use is limited. The book does contain a few case studies at the end demonstrating applications of cost-benefit analysis in transport, healthcare and some other fields but you will not find specific 'how to' recommendations on CBA (which I hoped to find - probably wrongly). Anyway, as a theoretical source it is very solid and impressive: there are three Noble prize winners among the authors.