A Note On The Welfare Foundations Of Cost Benefit Analysis
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Author | : Tevfik F. Nas |
Publisher | : Lexington Books |
Total Pages | : 253 |
Release | : 2016-07-29 |
Genre | : Business & Economics |
ISBN | : 1498522513 |
Drawing on the principles of welfare economics and public finance, this second edition of Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volumecarries the reader through the steps of a typical evaluation process, including the identification, measurement, and comparison of costs and benefits, and project selection. Topics include alternative measures of welfare change, such as the concepts of consumer surplus and compensating and equivalent variation measures, shadow pricing, nonmarket valuation techniques of contingent valuation and discrete choice experiment, perspectives on what constitutes a theoretically acceptable discount rate, the social rate of time preference, income distribution, and much more. The book also focuses on real-world applications of cost-benefit analysis in two closely related areas—environment and health care—followed by an examination of the current state of the art in cost-benefit analysis as practiced by international agencies.
Author | : David Scott Clark |
Publisher | : |
Total Pages | : 568 |
Release | : 2007 |
Genre | : Comparative law |
ISBN | : |
Provides more than seven hundred alphabetical entries covering the interaction of law and society around the globe, including the sociology of law, law and economics, law and political science, psychology and law, and criminology.
Author | : J. de V. Graaff |
Publisher | : Cambridge University Press |
Total Pages | : 196 |
Release | : 1968-02-02 |
Genre | : Political Science |
ISBN | : 9780521051286 |
Author | : Wim Heijman |
Publisher | : Springer Science & Business Media |
Total Pages | : 194 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401150389 |
Students in Technical and Agricultural faculties spend only a limited amount of time on general economics, environmental economics and resource economics. However, while their knowledge of economics may be limited, they often have adequate mathematical skills. The objective of The Economic Metabolism, therefore, is to present these three branches of economics in an integrated, mathematically oriented way, so that the subjects can be taught together, without losing time on separate economics courses. While the approach adopted is mathematical, the mathematics used is certainly not too difficult for the target group: university students in technical and/or agricultural faculties will be used to far more difficult mathematics. After studying the book, the basic/intermediate level student should be able to understand the basic principles of economics, especially microeconomics; understand the economic principles of environmental policy; understand the economic principles of resource extraction; apply the standards for efficiency and sustainability; and apply the theory to practical problems.
Author | : Tevfik F. Nas |
Publisher | : SAGE |
Total Pages | : 240 |
Release | : 1996-02-14 |
Genre | : Business & Economics |
ISBN | : 9780803971332 |
The author introduces "the foundation of relevant economic theory," outlines "the steps involved in a typical cost-benefit analysis," and addresses "topics such as consumer surplus, compensating variation, equivalent variation, shadow pricing, income distribution, and much more."--Cover.
Author | : Ginés de Rus |
Publisher | : Edward Elgar Publishing |
Total Pages | : 256 |
Release | : 2021-03-26 |
Genre | : Business & Economics |
ISBN | : 1839103752 |
This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk, and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.
Author | : M. Granger Morgan |
Publisher | : Cambridge University Press |
Total Pages | : 608 |
Release | : 2017-10-12 |
Genre | : Political Science |
ISBN | : 1316886999 |
Many books instruct readers on how to use the tools of policy analysis. This book is different. Its primary focus is on helping readers to look critically at the strengths, limitations, and the underlying assumptions analysts make when they use standard tools or problem framings. Using examples, many of which involve issues in science and technology, the book exposes readers to some of the critical issues of taste, professional responsibility, ethics, and values that are associated with policy analysis and research. Topics covered include policy problems formulated in terms of utility maximization such as benefit-cost, decision, and multi-attribute analysis, issues in the valuation of intangibles, uncertainty in policy analysis, selected topics in risk analysis and communication, limitations and alternatives to the paradigm of utility maximization, issues in behavioral decision theory, issues related to organizations and multiple agents, and selected topics in policy advice and policy analysis for government.
Author | : Mark D. White |
Publisher | : |
Total Pages | : 666 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 0198793995 |
This Oxford Handbook explores the various ways ethics can, does, and should inform economic theory and practice. With esteemed contributors from economics and philosophy, it highlights the close relationshop between ethics and economics in the past and lays a foundation for further integration going forward.
Author | : Matthew D. Adler |
Publisher | : Oxford University Press |
Total Pages | : 985 |
Release | : 2016-04-21 |
Genre | : Political Science |
ISBN | : 0199325839 |
What are the methodologies for assessing and improving governmental policy in light of well-being? The Oxford Handbook of Well-Being and Public Policy provides a comprehensive, interdisciplinary treatment of this topic. The contributors draw from welfare economics, moral philosophy, and psychology and are leading scholars in these fields. The Handbook includes thirty chapters divided into four Parts. Part I covers the full range of methodologies for evaluating governmental policy and assessing societal condition-including both the leading approaches in current use by policymakers and academics (such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the "social welfare function"), and emerging techniques. Part II focuses on the nature of well-being. What, most fundamentally, determines whether an individual life is better or worse for the person living it? Her happiness? Her preference-satisfaction? Her attainment of various "objective goods"? Part III addresses the measurement of well-being and the thorny topic of interpersonal comparisons. How can we construct a meaningful scale of individual welfare, which allows for comparisons of well-being levels and differences, both within one individual's life, and across lives? Finally, Part IV reviews the major challenges to designing governmental policy around individual well-being.
Author | : Rhiannon Tudor Edwards |
Publisher | : Oxford University Press |
Total Pages | : 351 |
Release | : 2019-03-14 |
Genre | : Medical |
ISBN | : 0191057231 |
In today's world of scare resources, determining the optimal allocation of funds to preventive health care interventions (PHIs) is a challenge. The upfront investments needed must be viewed as long term projects, the benefits of which we will experience in the future. The long term positive change to PHIs from economic investment can be seen across multiple sectors such as health care, education, employment and beyond. Applied Health Economics for Public Health Practice and Research is the fifth in the series of Handbooks in Health Economic Evaluation. It presents new research on health economics methodology and application to the evaluation of public health interventions. Looking at traditional as well as novel methods of economic evaluation, the book covers the history of economics of public health and the economic rationale for government investment in prevention. In addition, it looks at principles of health economics, evidence synthesis, key methods of economic evaluation with accompanying case studies, and much more. Looking to the future, Applied Health Economics for Public Health Practice and Research presents priorities for research in the field of public health economics. It acknowledges the role played by natural environment in promoting better health, and the place of genetics, environment and socioeconomic status in determining population health. Ideal for health economists, public health researchers, local government workers, health care professionals, and those responsible for health policy development. Applied Health Economics for Public Health Practice and Research is an important contribution to the economic discussion of public health and resource allocation.