Dynamic Benefit Cost Analysis

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The Cost-Benefit Revolution

Author : Cass R. Sunstein
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.

Economic Evaluation in Education

Author : Henry M. Levin
Publisher : SAGE Publications
ISBN 13 : 148338179X
Total Pages : 377 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis Economic Evaluation in Education by : Henry M. Levin

Download or read book Economic Evaluation in Education written by Henry M. Levin and published by SAGE Publications. This book was released on 2017-06-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cost-Benefit Analysis for Development

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9290929588
Total Pages : 367 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 367 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.

Health System Efficiency

Author : Jonathan Cylus
Publisher : Health Policy
ISBN 13 : 9789289050418
Total Pages : 264 pages
Book Rating : 4.0/5 (54 download)

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Book Synopsis Health System Efficiency by : Jonathan Cylus

Download or read book Health System Efficiency written by Jonathan Cylus and published by Health Policy. This book was released on 2016-12-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Standard Transport Appraisal Methods

Author :
Publisher : Academic Press
ISBN 13 : 0128208228
Total Pages : 338 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Standard Transport Appraisal Methods by :

Download or read book Standard Transport Appraisal Methods written by and published by Academic Press. This book was released on 2020-11-04 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard Transport Appraisal Methods, Volume 6 in the Advances in Transport Policy and Planning series, assesses both successful and unsuccessful practices and policies from around the world. Chapters in this new release include Transport models, Cost-Benefit Analysis, Value of Travel Time Savings and reliability, Value of Statistical Life, Wider economic benefits, Multi-criteria analysis, Best-Worst Method, Participatory Value Evaluation, Ex-post evaluation, Sustainability assessment, Evaluating Transport Equity, Environmental Impact Assessment, Decision-Support Systems, Deliberative appraisal methods, Critique on appraisal methods, Appraisal methods in developing countries, Research agenda for appraisal methods, and much more. - Provides the authority and expertise of leading contributors from an international board of authors - Presents the latest release in the Advances in Transport Policy and Planning series

Markets and the Environment, Second Edition

Author : Nathaniel O. Keohane
Publisher : Island Press
ISBN 13 : 1610916077
Total Pages : 328 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Markets and the Environment, Second Edition by : Nathaniel O. Keohane

Download or read book Markets and the Environment, Second Edition written by Nathaniel O. Keohane and published by Island Press. This book was released on 2016-01-05 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.

The Theory of Cost-benefit Analysis

Author : Jean Drèze
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (323 download)

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Book Synopsis The Theory of Cost-benefit Analysis by : Jean Drèze

Download or read book The Theory of Cost-benefit Analysis written by Jean Drèze and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost-Benefit Analysis and the Environment Recent Developments

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926401005X
Total Pages : 318 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Cost-Benefit Analysis and the Environment Recent Developments by : OECD

Download or read book Cost-Benefit Analysis and the Environment Recent Developments written by OECD and published by OECD Publishing. This book was released on 2006-01-30 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.

Introduction to Cost–Benefit Analysis

Author : Ginés de Rus
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.

Cost-Benefit Analysis and the Theory of Fuzzy Decisions

Author : K. K. Dompere
Publisher : Springer Science & Business Media
ISBN 13 : 9783540221548
Total Pages : 424 pages
Book Rating : 4.2/5 (215 download)

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Book Synopsis Cost-Benefit Analysis and the Theory of Fuzzy Decisions by : K. K. Dompere

Download or read book Cost-Benefit Analysis and the Theory of Fuzzy Decisions written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2004-07-02 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is devoted to the identification and measurement theory of costs and benefits in a fuzzy information environment. The process of cost-benefit analysis is presented, requiring the development of real cost-benefit databases and the construction of cost-benefit criterion. These steps are accomplished with various theoretical constructs that provide sets of self-contained algorithms for application. This book integrates cost-benefit analysis, theory of fuzzy decisions and social decisions into unified decision algorithms accessible to practitioners, researchers, and graduate students. It features the essentials of fuzzy mathematics and algorithms in a comprehensive way, exposing a multi-disciplinary approach for the development of cost-benefit decision making in the framework of fuzziness and soft computing.

Fiscal Therapy

Author : William G. Gale
Publisher : Oxford University Press
ISBN 13 : 0190645431
Total Pages : 362 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Fiscal Therapy by : William G. Gale

Download or read book Fiscal Therapy written by William G. Gale and published by Oxford University Press. This book was released on 2019-03-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren. Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations. We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best.

Use of Cost-benefit Analysis by Regulatory Agencies

Author : United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations
Publisher :
ISBN 13 :
Total Pages : 506 pages
Book Rating : 4.0/5 (18 download)

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Book Synopsis Use of Cost-benefit Analysis by Regulatory Agencies by : United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations

Download or read book Use of Cost-benefit Analysis by Regulatory Agencies written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 1980 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Advanced Concepts In Nuclear Energy Risk Assessment And Management

Author : Tunc Aldemir
Publisher : World Scientific
ISBN 13 : 9813225629
Total Pages : 554 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Advanced Concepts In Nuclear Energy Risk Assessment And Management by : Tunc Aldemir

Download or read book Advanced Concepts In Nuclear Energy Risk Assessment And Management written by Tunc Aldemir and published by World Scientific. This book was released on 2018-04-25 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 30 years, numerous concerns have been raised in the literature regarding the capability of static modeling approaches such as the event-tree (ET)/fault-tree (FT) methodology to adequately account for the impact of process/hardware/software/firmware/human interactions on nuclear power plant safety assessment, and methodologies to augment the ET/FT approach have been proposed. Often referred to as dynamic probabilistic risk/safety assessment (DPRA/DPSA) methodologies, which use a time-dependent phenomenological model of system evolution along with a model of its stochastic behavior to model for possible dependencies among failure events. The book contains a collection of papers that describe at existing plant level applicable DPRA/DPSA tools, as well as techniques that can be used to augment the ET/FT approach when needed.

Fatal Tradeoffs

Author : W. Kip Viscusi
Publisher : Oxford University Press, USA
ISBN 13 : 0195102932
Total Pages : 321 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Fatal Tradeoffs by : W. Kip Viscusi

Download or read book Fatal Tradeoffs written by W. Kip Viscusi and published by Oxford University Press, USA. This book was released on 1992 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining issues related to the social regulation of risk, this volume contains essays on the value of life, empirical estimates of the value of life, the rationality of individual responses to risk, the effect of government risk regulation efforts, and the role of the courts and insurance.

Policy and Planning for Large Infrastructure Projects

Author : Bent Flyvbjerg
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Policy and Planning for Large Infrastructure Projects by : Bent Flyvbjerg

Download or read book Policy and Planning for Large Infrastructure Projects written by Bent Flyvbjerg and published by World Bank Publications. This book was released on 2005 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Decision Making under Deep Uncertainty

Author : Vincent A. W. J. Marchau
Publisher : Springer
ISBN 13 : 3030052524
Total Pages : 408 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Decision Making under Deep Uncertainty by : Vincent A. W. J. Marchau

Download or read book Decision Making under Deep Uncertainty written by Vincent A. W. J. Marchau and published by Springer. This book was released on 2019-04-04 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book focuses on both the theory and practice associated with the tools and approaches for decisionmaking in the face of deep uncertainty. It explores approaches and tools supporting the design of strategic plans under deep uncertainty, and their testing in the real world, including barriers and enablers for their use in practice. The book broadens traditional approaches and tools to include the analysis of actors and networks related to the problem at hand. It also shows how lessons learned in the application process can be used to improve the approaches and tools used in the design process. The book offers guidance in identifying and applying appropriate approaches and tools to design plans, as well as advice on implementing these plans in the real world. For decisionmakers and practitioners, the book includes realistic examples and practical guidelines that should help them understand what decisionmaking under deep uncertainty is and how it may be of assistance to them. Decision Making under Deep Uncertainty: From Theory to Practice is divided into four parts. Part I presents five approaches for designing strategic plans under deep uncertainty: Robust Decision Making, Dynamic Adaptive Planning, Dynamic Adaptive Policy Pathways, Info-Gap Decision Theory, and Engineering Options Analysis. Each approach is worked out in terms of its theoretical foundations, methodological steps to follow when using the approach, latest methodological insights, and challenges for improvement. In Part II, applications of each of these approaches are presented. Based on recent case studies, the practical implications of applying each approach are discussed in depth. Part III focuses on using the approaches and tools in real-world contexts, based on insights from real-world cases. Part IV contains conclusions and a synthesis of the lessons that can be drawn for designing, applying, and implementing strategic plans under deep uncertainty, as well as recommendations for future work. The publication of this book has been funded by the Radboud University, the RAND Corporation, Delft University of Technology, and Deltares.

Guidelines for the Economic Analysis of Projects

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292577646
Total Pages : 175 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Guidelines for the Economic Analysis of Projects by : Asian Development Bank

Download or read book Guidelines for the Economic Analysis of Projects written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-03-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project economic analysis is a tool used by the Asian Development Bank (ADB) to ensure that ADB operations comply with its Charter. The guidelines in this publication are a revised version of the 1997 edition. The revision responds to the changing development context and ADB operational priorities, and aims to address the recommendations of the ADB Quality-at-Entry Assessments for more methodological work on project economic analysis. The revised guidelines provide general principles for the conduct of project economic analysis, and should be read together with handbooks, technical reports, and other reference materials published by ADB dealing with sector-specific project economic analysis in detail.