Ex Post Benefit Cost Analysis
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Author | : Bent Flyvbjerg |
Publisher | : World Bank Publications |
Total Pages | : 32 |
Release | : 2005 |
Genre | : Economic development projects |
ISBN | : |
Abstract: "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important."--World Bank web site.
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 | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 367 |
Release | : 2013-01-01 |
Genre | : Business & Economics |
ISBN | : 9290929588 |
The Asian Development Bank (ADB) has been continuously undertaking measures to enhance the effectiveness of its operations. To improve projects both at the preparation and implementation stages, ADB issued the Guidelines for Economic Analysis of Projects in 1997 as a means to enhancing project quality at entry. The conduct of proper economic analysis helps ensure the efficient use of development funds and public resources and thereby increase aid effectiveness. This practical guide is a supplement to the Guidelines for the Economic Analysis of Projects. It provides an overview of recent methodological developments in cost-benefit analysis as well as suggested improvements in the economic analysis of projects in selected sectors through case studies. These case studies illustrate the application of suggested methodologies, taking into account sector-specific needs, as well as difficulties faced by practitioners in terms of data and time constraints during project processing. It also aims to contribute to ADB’s capacity building initiatives as this will be the main reference material for conduct of economic analysis.
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 | : United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government |
Publisher | : |
Total Pages | : 288 |
Release | : 1973 |
Genre | : Cost effectiveness |
ISBN | : |
Author | : Matthew Adler |
Publisher | : |
Total Pages | : 656 |
Release | : 2012 |
Genre | : Law |
ISBN | : 0195384997 |
A comprehensive philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis.
Author | : Vinod Thomas |
Publisher | : Springer |
Total Pages | : 164 |
Release | : 2019-04-16 |
Genre | : Business & Economics |
ISBN | : 9811363897 |
This book is open access under a CC BY 4.0 license. This book presents methods to evaluate sustainable development using economic tools. The focus on sustainable development takes the reader beyond economic growth to encompass inclusion, environmental stewardship and good governance. Sustainable Development Goals (SDGs) provide a framework for outcomes. In illustrating the SDGs, the book employs three evaluation approaches: impact evaluation, cost-benefit analysis and objectives-based evaluation. The innovation lies in connecting evaluation tools with economics. Inclusion, environmental care and good governance, thought of as “wicked problems”, are given centre stage. The book uses case studies to show the application of evaluation tools. It offers guidance to evaluation practitioners, students of development and policymakers. The basic message is that evaluation comes to life when its links with socio-economic, environmental, and governance policies are capitalized on.
Author | : Jonathan Cylus |
Publisher | : Health Policy |
Total Pages | : 264 |
Release | : 2016-12-15 |
Genre | : Medical |
ISBN | : 9789289050418 |
In this book the authors explore the state of the art on efficiency measurement in health systems and international experts offer insights into the pitfalls and potential associated with various measurement techniques. The authors show that: - The core idea of efficiency is easy to understand in principle - maximizing valued outputs relative to inputs, but is often difficult to make operational in real-life situations - There have been numerous advances in data collection and availability, as well as innovative methodological approaches that give valuable insights into how efficiently health care is delivered - Our simple analytical framework can facilitate the development and interpretation of efficiency indicators.
Author | : Anthony E. Boardman |
Publisher | : Cambridge University Press |
Total Pages | : 560 |
Release | : 2017-12-14 |
Genre | : Political Science |
ISBN | : 1108699472 |
The fourth edition of Cost-Benefit Analysis is an authoritative, market-leading textbook that provides a practical introduction to cost-benefit analysis through problem solving. The text uses a consistent application of a nine-step framework for interpreting a cost-benefit analysis. This edition has been fully revised, updated and re-organized to provide the material more effectively. It presents application over abstract theory and clear discussion over mathematics to appeal to a larger, more diverse audience.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 318 |
Release | : 2006-01-30 |
Genre | : |
ISBN | : 926401005X |
An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.