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EB

ONLINE

First edition

New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2014

1 online resource (128 pages)

ISBN 9781606496374 (e-book)

ISBN 9781606496367 (paperback)

Economics collection, ISSN 2163-7628

Print version: ISBN 9781606496367

Part of: 2014 digital library

Includes bibliographical references (pages 121-124) and index

1. An introduction to cost benefit analysis -- 2. Cost benefit analysis and individual preferences -- 3. Time preference and the discount rate -- 4. Measuring costs and benefits -- 5. Shadow pricing -- 6. Potential pitfalls in cost benefit analysis -- 7. Introducing cost benefit analysis to the non-specialist -- 8. Cost benefit analysis of proposed new regulations -- 9. Case study: contracting versus a municipal animal control shelter -- 10. Case study: cost benefit analysis for a forty acre industrial park intended to spawn economic development and jobs -- 11. Case study: establishing a recreational program for the disabled -- Appendix -- Notes -- References -- Index.

This book presents essential elements for understanding, interpreting, and conducting cost benefit analysis (CBA) in the context of local government. The cost benefit technique is so often referenced in government policy that a correct understanding is necessary for officials entrusted with public decisions. It is especially useful for those charged with preparing numerical analyses to assess the worthiness of a specific policy proposal. In this manual, costs and benefits are identified and analyzed in terms of economic efficiency and resource allocation..

* benefits ratio * cost benefit analysis (CBA) * cost effectiveness analysis * discount rate * economic efficiency * existence values * external/social benefits * external/social costs * externalities/spillovers * government failure * hedonic valuation * hypothetical contingent valuation * local government * market failure * net discounted benefits * positive time preference * present value of benefits * present value of costs * project evaluation * regulatory capture * rent seeking * sensitivity analysis * social welfare functions * standing * willingness to accept * willingness to pay

001768434

full

(Au-PeEL)EBL1570056

(CaONFJC)MIL547846

(CaPaEBR)ebr10821747

(MiAaPQ)EBC1570056

(OCoLC)864381791