Advanced Introduction to CostBenefit Analysis by Robert J. Brent (English) Hardc

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Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This concise yet comprehensive introduction aims to outline the core principles of Cost-Benefit Analysis (CBA), laying them out in an accessible manner with minimum technical detail. The applied nature of the subject is emphasized by showing how each of the principles is applied to an actual public policy intervention, covering transport, education, health and the environment. Robert J. Brent demonstrates how economic efficiency and equity can be combined as social objectives to help determine decisions that can increase satisfaction for all. Covering the fundamental principles, this book presents applications for every concept discussed and lays the foundations for further study in the field. It combines distribution with efficiency as the objectives of public policy, compares the CBA methodology with competing methods of allocating resources that satisfy basic needs, and analyses CBA from the perspective of modern applied welfare economics. The main conclusion is that CBA is the basis for understanding any kind of public policy decision regardless of the field of study, be that government expenditure, taxation or regulation, and irrespective of the tangible or intangible outcome the policy is attempting to influence.Both accessible and erudite, the Advanced Introduction to Cost Benefit Analysis will be essential reading for students of health, education, transportation, public finance, regulation, environmental and development economics, and political science, as well as the general reader interested in understanding how public policy should be implemented. Furthermore, the insightful analysis will appeal to practitioners working in government, public institutions and NGOs.

FORMATHardcover LANGUAGEEnglish CONDITIONBrand New Author Biography

Robert J. Brent, Professor of Economics, Fordham University, New York, US

Table of Contents

Contents: 1. Introduction to CBA 2. Measuring the benefits: Willingness to pay 3. Measuring the benefits: Income and other methods 4. Measuring the costs: Direct, indirect and intangible 5. Discounting and consumer sovereignty 6. Equity and distribution weights 7. Summary and conclusions Index

Details ISBN1785361759 Author Robert J. Brent Pages 160 Language English Year 2017 ISBN-10 1785361759 ISBN-13 9781785361753 Format Hardcover Publication Date 2017-10-27 Publisher Edward Elgar Publishing Ltd Series Elgar Advanced Introductions series Imprint Edward Elgar Publishing Ltd Place of Publication Cheltenham Country of Publication United Kingdom AU Release Date 2017-10-27 NZ Release Date 2017-10-27 UK Release Date 2017-10-27 DEWEY 658.1554 Audience Tertiary & Higher Education We've got this

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