Cost-Benefit Analysis by Richard Layard
Should India build a new steel mill, or London an urban motorway? 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 main tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics. This new book of readings covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up-to-date, reflecting the most recent research in the area. Part I covers the main theoretical issues affecting cost-benefit analysis. Part II considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.
'The introduction is an excellent review of the basic principles of cost benefit analysis, and the readings are definitiveAn excellent basis for a course.' Geoffrey Heal, Columbia University
| SKU | Unavailable |
| ISBN 13 | 9780521466745 |
| ISBN 10 | 0521466741 |
| Title | Cost-Benefit Analysis |
| Author | Richard Layard |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Cambridge University Press |
| Year published | 1994-06-30 |
| Number of pages | 508 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |