The Cost-Benefit Revolution

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Author :
Publisher : MIT Press
ISBN 13 : 0262538016
Total Pages : 286 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Cost-Benefit Revolution by : Cass R. Sunstein

Download or read book The Cost-Benefit Revolution written by Cass R. Sunstein and published by MIT Press. This book was released on 2019-09-24 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why policies should be based on careful consideration of their costs and benefits rather than on intuition, popular opinion, interest groups, and anecdotes. Opinions on government policies vary widely. Some people feel passionately about the child obesity epidemic and support government regulation of sugary drinks. Others argue that people should be able to eat and drink whatever they like. Some people are alarmed about climate change and favor aggressive government intervention. Others don't feel the need for any sort of climate regulation. In The Cost-Benefit Revolution, Cass Sunstein argues our major disagreements really involve facts, not values. It follows that government policy should not be based on public opinion, intuitions, or pressure from interest groups, but on numbers—meaning careful consideration of costs and benefits. Will a policy save one life, or one thousand lives? Will it impose costs on consumers, and if so, will the costs be high or negligible? Will it hurt workers and small businesses, and, if so, precisely how much? As the Obama administration's “regulatory czar,” Sunstein knows his subject in both theory and practice. Drawing on behavioral economics and his well-known emphasis on “nudging,” he celebrates the cost-benefit revolution in policy making, tracing its defining moments in the Reagan, Clinton, and Obama administrations (and pondering its uncertain future in the Trump administration). He acknowledges that public officials often lack information about costs and benefits, and outlines state-of-the-art techniques for acquiring that information. Policies should make people's lives better. Quantitative cost-benefit analysis, Sunstein argues, is the best available method for making this happen—even if, in the future, new measures of human well-being, also explored in this book, may be better still.

New Foundations of Cost-Benefit Analysis

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Author :
Publisher : Harvard University Press
ISBN 13 : 9780674022799
Total Pages : 258 pages
Book Rating : 4.0/5 (227 download)

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Book Synopsis New Foundations of Cost-Benefit Analysis by : Matthew D. Adler

Download or read book New Foundations of Cost-Benefit Analysis written by Matthew D. Adler and published by Harvard University Press. This book was released on 2006-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the authors reconceptualize cost-benefit analysis, arguing that its objective should be overall well-being rather than economic efficiency. This book not only places cost-benefit analysis on a firmer theoretical foundation, but also has many practical implications for how government agencies should undertake cost-benefit studies.

Cost-Benefit Analysis

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Author :
Publisher : Lexington Books
ISBN 13 : 1498522513
Total Pages : 253 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis Cost-Benefit Analysis by : Tevfik F. Nas

Download or read book Cost-Benefit Analysis written by Tevfik F. Nas and published by Lexington Books. This book was released on 2016-07-29 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cost-Benefit Analysis for Development

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9290929588
Total Pages : 385 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Cost-Benefit Analysis for Development by : Asian Development Bank

Download or read book Cost-Benefit Analysis for Development written by Asian Development Bank and published by Asian Development Bank. This book was released on 2013-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cost-Benefit Analysis

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Author :
Publisher : Routledge
ISBN 13 : 1136621199
Total Pages : 192 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Cost-Benefit Analysis by : Euston Quah

Download or read book Cost-Benefit Analysis written by Euston Quah and published by Routledge. This book was released on 2011-10-20 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme, often of a social nature and for society as a whole. CBA is fundamental to government decision-making and can be an effective tool for informed decisions on the use of society's scarce resources. This book highlights the main concepts and principles of cost-benefit analysis used in real life cases and actual applications. The book contains rich cases, materials and examples of real life CBA applications with emphasis both on physical and non-physical projects and infrastructure developments in Asia and beyond. The book also discusses techniques frequently used in applied CBA. The first part of the book introduces the key concepts and principles of CBA before Part Two covers some pertinent issues relating to CBA, such as the recent trend of using behavioural economics and frequently used techniques in applied CBA. Finally, in Part Three, case studies are written up to illustrate how CBA is done, and questions for the readers and students to ponder are raised at the end of each chapter. The scope of the case studies is more than just physical infrastructures but will include public sector policies and programmes covering a host of social policies as in health, education, social welfare programmes, and the environment. For each case, there will be illustrations of the key concepts and principles of CBA used. Undertakings analyzed include: the Three Gorges Dam in China the 2008 Beijing Olympics the Costs of Global Warming the Jamuna Bridge in Bangladesh The case studies, many of which have taken or are to take place in developing countries provide a rich background to the principles of the method, and are accompanied by a wealth of explanatory material. As well as being suitable for courses in Cost-Benefit Analysis, Public Finance, Environmental and Health Economics, the book should be of interest to all public policy decision makers and planners.

Benefit-Cost Analysis

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521528986
Total Pages : 366 pages
Book Rating : 4.5/5 (289 download)

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Book Synopsis Benefit-Cost Analysis by : Harry F. Campbell

Download or read book Benefit-Cost Analysis written by Harry F. Campbell and published by Cambridge University Press. This book was released on 2003-05-27 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the text of this introduction to benefit cost analysis, emphasis is on applications, and a worked case study is progressively undertaken as an illustration of the analytical principles in operation. The first part covers basic theory and procedures. Part Two advances to material on internationally tradeable goods and projects that affect market prices, and part Three introduces special topics such as the treatment of risk and uncertainty, income distributional effects and the valuation of non-marketed goods. Instructors' resource web site: http://www.uq.edu.au/economics/bca

The Globalization of Cost-Benefit Analysis in Environmental Policy

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Author :
Publisher : Oxford University Press
ISBN 13 : 019993438X
Total Pages : 352 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis The Globalization of Cost-Benefit Analysis in Environmental Policy by : Michael A. Livermore

Download or read book The Globalization of Cost-Benefit Analysis in Environmental Policy written by Michael A. Livermore and published by Oxford University Press. This book was released on 2013-02-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues in favor of using cost-benefit analysis globally and examines the positive impact it can have in developing countries using relevant case studies. The book discusses the potential for cost-benefit analysis to provoke a global shift toward stronger and more effective economic policies.

Cost-benefit Analysis

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Publisher :
ISBN 13 : 9780226007625
Total Pages : 351 pages
Book Rating : 4.0/5 (76 download)

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Book Synopsis Cost-benefit Analysis by : Matthew D. Adler

Download or read book Cost-benefit Analysis written by Matthew D. Adler and published by . This book was released on 2001-01-01 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost-benefit analysis is a widely used governmental evaluation tool, though academics remain skeptical. This volume gathers prominent contributors from law, economics, and philosophy for discussion of cost-benefit analysis, specifically its moral foundations, applications and limitations. This new scholarly debate includes not only economists, but also contributors from philosophy, cognitive psychology, legal studies, and public policy who can further illuminate the justification and moral implications of this method and specify alternative measures. These articles originally appeared in the Journal of Legal Studies. Contributors: - Matthew D. Adler - Gary S. Becker - John Broome - Robert H. Frank - Robert W. Hahn - Lewis A. Kornhauser - Martha C. Nussbaum - Eric A. Posner - Richard A. Posner - Henry S. Richardson - Amartya Sen - Cass R. Sunstein - W. Kip Viscusi

A Guide to Benefit-cost Analysis

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Publisher :
ISBN 13 : 9780881339888
Total Pages : 0 pages
Book Rating : 4.3/5 (398 download)

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Book Synopsis A Guide to Benefit-cost Analysis by : Edward M. Gramlich

Download or read book A Guide to Benefit-cost Analysis written by Edward M. Gramlich and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Cost–Benefit Analysis

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1839103752
Total Pages : 256 pages
Book Rating : 4.8/5 (391 download)

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Book Synopsis Introduction to Cost–Benefit Analysis by : Ginés de Rus

Download or read book Introduction to Cost–Benefit Analysis written by Ginés de Rus and published by Edward Elgar Publishing. This book was released on 2021-03-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

An Introduction to Modern Welfare Economics

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Publisher : Cambridge University Press
ISBN 13 : 9780521356954
Total Pages : 194 pages
Book Rating : 4.3/5 (569 download)

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Book Synopsis An Introduction to Modern Welfare Economics by : Per-Olov Johansson

Download or read book An Introduction to Modern Welfare Economics written by Per-Olov Johansson and published by Cambridge University Press. This book was released on 1991-08-22 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book in welfare economics to be primarily intended for undergraduates and non-specialists. Concepts such as Pareto optimality in a market economy, the compensation criterion, and the social welfare function are explored in detail. Market failures are analysed by using different ways of measuring welfare changes. The book also examines public choice, and the issues of provision of public goods, median voter equilibrium, government failures, efficient and optimal taxation, and intergenerational equity. The three final chapters are devoted to applied welfare economics: methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world. The book is intended for introductory and intermediate courses in welfare economics, microeconomics, and public economics. It will also be suitable for courses in health economics, environmental economics, and cost-benefit analysis, as well as those undertaking project evaluations in government agencies and private firms.

Cost-Benefit Analysis of Environmental Health Interventions

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Author :
Publisher : Academic Press
ISBN 13 : 0128129360
Total Pages : 312 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Cost-Benefit Analysis of Environmental Health Interventions by : Carla Guerriero

Download or read book Cost-Benefit Analysis of Environmental Health Interventions written by Carla Guerriero and published by Academic Press. This book was released on 2019-11-29 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost-benefit Analysis of Environmental Health Interventions clearly articulates the core principles and fundamental methodologies underpinning the modern economic assessment of environmental intervention on human health. Taking a practical approach, the book provides a step-by-step approach to assigning a monetary value to the health benefits and disbenefits arising from interventions, using environmental information and epidemiological evidence. It summarizes environmental risk factors and explores how to interpret and understand epidemiological data using concentration-response, exposure-response or dose-response techniques, explaining the environmental interventions available for each environmental risk factor. It evaluates in detail two of the most challenging stages of Cost-Benefit Analysis in ‘discounting’ and ‘accounting for uncertainty’. Further chapters describe how to analyze and critique results, evaluate potential alternatives to Cost-Benefit Analysis, and on how to engage with stakeholders to communicate the results of Cost-Benefit Analysis. The book includes a detailed case study how to conduct a Cost-Benefit Analysis. It is supported by an online website providing solution files and detailing the design of models using Excel. Provides a clear understanding of the core theory of cost-benefit analysis in environmental health interventions Provides practical guidance using real-world case studies to motivate and expand understanding Describes the challenging ‘discounting’ and ‘accounting for uncertainty’ problems at chapter length Supported by a practical case study, online solution files, and a practical guide to the design of CBA models using Excel

Government at a Glance 2015

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Publisher : OECD Publishing
ISBN 13 : 9264233474
Total Pages : 212 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Government at a Glance 2015 by : OECD

Download or read book Government at a Glance 2015 written by OECD and published by OECD Publishing. This book was released on 2015-07-06 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government at a Glance provides readers with a dashboard of key public sector indicators. Each indicator is presented in a user-friendly format, with graphs, brief descriptive analysis, and methodological information.

Evaluating Testing, Costs, and Benefits of Advanced Spectroscopic Portals for Screening Cargo at Ports of Entry

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Publisher : National Academies Press
ISBN 13 : 0309186625
Total Pages : 91 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Evaluating Testing, Costs, and Benefits of Advanced Spectroscopic Portals for Screening Cargo at Ports of Entry by : National Research Council

Download or read book Evaluating Testing, Costs, and Benefits of Advanced Spectroscopic Portals for Screening Cargo at Ports of Entry written by National Research Council and published by National Academies Press. This book was released on 2010-12-28 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: To improve screening of containerized cargo for nuclear and radiological material that might be entering the United States, the Department of Homeland Security (DHS) is seeking to deploy new radiation detectors, called advanced spectroscopic portals (ASPs). The ASPs are intended to replace some or all of the current system of radiation portal monitors (called PVT RPMs) used in conjunction with handheld radioisotope identifiers (RIIDs) to detect and identify radioactive material in cargo. The U.S. Congress required the Secretary of Homeland Security to certify that ASPs will provide a 'significant increase in operational effectiveness' over continued use of the existing screening devices before DHS can proceed with full-scale procurement of ASPs for deployment. Congress also directed DHS to request this National Research Council study to advise the Secretary of Homeland Security about testing, analysis, costs, and benefits of the ASPs prior to the certification decision. This interim report is based on testing done before 2008; on plans for, observations of, and preliminary results from tests done in 2008; and on the agency's draft cost-benefit analysis as of October 2008. The book provides advice on how DHS' Domestic Nuclear Detection Office (DNDO) can complete and make more rigorous its ASP evaluation for the Secretary and the nation.

Pricing Nature

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Publisher : Edward Elgar Publishing
ISBN 13 : 184980205X
Total Pages : 361 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Pricing Nature by : Nick Hanley

Download or read book Pricing Nature written by Nick Hanley and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An impressive piece of work that deserves to be on every European agricultural economist s bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management. David James, Australasian Journal of Environmental Management Cost Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.

Well-Being and Fair Distribution

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Publisher : Oxford University Press
ISBN 13 : 0195384997
Total Pages : 656 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Well-Being and Fair Distribution by : Matthew Adler

Download or read book Well-Being and Fair Distribution written by Matthew Adler and published by Oxford University Press. This book was released on 2012 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis.

Cost-Benefit Analysis

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Author :
Publisher : Thomas Telford Limited
ISBN 13 : 9780727741349
Total Pages : 0 pages
Book Rating : 4.7/5 (413 download)

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Book Synopsis Cost-Benefit Analysis by : Michael Snell

Download or read book Cost-Benefit Analysis written by Michael Snell and published by Thomas Telford Limited. This book was released on 2010-12-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear, jargon free guide to the principles and practice of cost benefit analysis written by a non-economist primarily for non-economists.