An Introduction To Benefit Cost Analysis For Evaluating Public Expenditure Alternatives
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Author | : Josephine M. LaPlante |
Publisher | : |
Total Pages | : 92 |
Release | : 1983 |
Genre | : Political Science |
ISBN | : |
A revised edition of PS-14, "An Introduction to Benefit-Cost Analysis for Evaluating Public Programs," presents concepts and techniques of benefit-cost analysis as tools that can be used to assist in deciding between alternatives. The goals of the new edition include teaching students to think about the possible benefits and costs of each alternative; to define what they foresee as program outputs and to consider possible undesirable consequences; and to recognize the trade-offs that are implicit in all decisions. Topics of the eight modules (16 exercises) include the following: classifying direct vs. indirect benefits, as well as tangibles vs. intangibles; pecuniary or price effects; the business model of benefit-costs analysis; business as a model for government decisions; supply and demand in the market for goods; challenges for valuation presented by government programs; the comparison of costs and benefits that occur at different times; shadow pricing; double-counting, and benefits valued as net savings. Everyday examples are used to present what are frequently difficult concepts and relationships for the student with little background in economics. A sample student evaluation form is appended. (Author/SW)
Author | : A. Allan Schmid |
Publisher | : Routledge |
Total Pages | : 348 |
Release | : 2019-03-01 |
Genre | : Political Science |
ISBN | : 0429718608 |
Choice is the name of the game. Government sets the size of the public budget and decides which public projects it will invest in and which transfers and regulations it will implement. To do this systematically the government must have a procedure that displays the consequences of the alternatives. This book is an exposition of benefit-cost analysis (BCA), an analytic framework for organizing thoughts, listing the pros and cons of alternatives, and determining values for all relevant factors so that the alternatives can be ranked. A major question illuminated by this text is whether the results of such an analysis can instruct government--in the sense of telling it what it must do to avoid being labelled stupid, corrupt, irrational, and/or inefficient. How and when, we will ask, can the benefit-cost analyst label a particular governmental investment, policy, or regulation as political (in the pejorative sense) as opposed to economic (in the laudatory sense of being economically justified)? This book will argue that BCA is much like a consumer information system. Consumer information neither tells consumers what to do nor tells them what they should want. However, it does tell them which products will perform in selected ways and at what costs. And this information, together with the independently arrived at wants, helps the consumer make intelligent choices.
Author | : Peter Abelson |
Publisher | : |
Total Pages | : 46 |
Release | : 2006 |
Genre | : Cost effectiveness |
ISBN | : 9781921182006 |
A non-technical guide to conducting quantitative economic analyses of government projects, programmes and policies.
Author | : George Henry Peters |
Publisher | : |
Total Pages | : 80 |
Release | : 1973 |
Genre | : Business & Economics |
ISBN | : |
Author | : Henry M. Levin |
Publisher | : SAGE Publications |
Total Pages | : 377 |
Release | : 2017-06-15 |
Genre | : Education |
ISBN | : 148338179X |
The past decade has seen increased attention to cost-effectiveness and benefit-cost analysis in education as administrators are being asked to accomplish more with the same or even fewer resources, philanthropists are keen to calculate their "return on investment" in social programs, and the general public is increasingly scrutinizing how resources are allocated to schools and colleges. Economic Evaluation in Education: Cost-Effectiveness and Benefit-Cost Analysis (titled Cost-Effectiveness Analysis: Methods and Applications in its previous editions) is the only full-length book to provide readers with the step-by-step methods they need to plan and implement a benefit-cost analysis in education. Authors Henry M. Levin, Patrick J. McEwan, Clive Belfield, Alyshia Brooks Bowden, and Robert Shand examine a range of issues, including how to identify, measure, and distribute costs; how to measure effectiveness, utility, and benefits; and how to incorporate cost evaluations into the decision-making process. The updates to the Third Edition reflect the considerable methodological development in the evaluation literature, and the greater empiricism practiced by education researchers, to help readers learn to apply more advanced methods to their own analyses.
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 | : Marvin Shaffer |
Publisher | : University of Toronto Press |
Total Pages | : 144 |
Release | : 2010-10-16 |
Genre | : Business & Economics |
ISBN | : 1442660384 |
Most commonly used in economic and public policy decisions, benefit-cost analysis traditionally attempts to calculate a bottom line by assigning monetary values to all factors associated with a proposed project or action. By contrast, multiple account benefit-cost analysis recognizes that all values are complex and that not all consequences can be expressed in monetary terms or incorporated into one summary measure of net benefit. In this textbook, designed for practitioners as well as for intermediate or advanced students, Marvin Shaffer illustrates how the basic principles and concepts of a benefit-cost analysis can be applied in a multiple account framework, in the process developing a systematic approach to the evaluation of project and policy alternatives. Though retaining the basic principles of benefit-cost analysis, Shaffer focuses more on identifying the advantages and disadvantages of key project alternatives and assessing their necessary trade-offs in order to better inform public policy debates.
Author | : Mark S. Thompson |
Publisher | : SAGE Publications, Incorporated |
Total Pages | : 334 |
Release | : 1980-09 |
Genre | : Business & Economics |
ISBN | : |
Thompson's successful book makes the techniques of benefit-cost analysis accessible to the non-expert reader. It is valuable as a classroom text or a tool for self-teaching.
Author | : |
Publisher | : |
Total Pages | : 62 |
Release | : 1969 |
Genre | : City planning |
ISBN | : |
Author | : Elchanan Cohn |
Publisher | : |
Total Pages | : 184 |
Release | : 1972 |
Genre | : Cost effectiveness |
ISBN | : |
Monograph on the theoretics and methodology of public expenditure analysis in the area of human resources - covers mathematical analysis, statistical analysis, basic concepts in welfare economics, cost benefit analysis, and the application of public expenditure analysis to the economics of education and health costs. Bibliography pp. 145 to 154 and statistical tables.