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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.
Book Synopsis Costs and Benefits of Collective Pension Systems by : Onno W. Steenbeek
Download or read book Costs and Benefits of Collective Pension Systems written by Onno W. Steenbeek and published by Springer Science & Business Media. This book was released on 2007-10-11 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recommended by Nobel Laureate Robert C. Merton, this book offers the world a first-hand opportunity to learn why the Dutch pension system is so often praised and how it operates. The book also discusses aspects of the system that are less favorable, such as implicit value transfers from younger to older generations that limit mobility of labor. Throughout the discussions, the authors provide quantitative evidence to support their assertions.
Book Synopsis The Costs and Benefits of Price Stability by : Martin Feldstein
Download or read book The Costs and Benefits of Price Stability written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the Federal Reserve and central banks worldwide have enjoyed remarkable success in their battle against inflation. The challenge now confronting the Fed and its counterparts is how to proceed in this newly benign economic environment: Should monetary policy seek to maintain a rate of low-level inflation or eliminate inflation altogether in an effort to attain full price stability? In a seminal article published in 1997, Martin Feldstein developed a framework for calculating the gains in economic welfare that might result from a move from a low level of inflation to full price stability. The present volume extends that analysis, focusing on the likely costs and benefits of achieving price stability not only in the United States, but in Germany, Spain, and the United Kingdom as well. The results show that even small changes in already low inflation rates can have a substantial impact on the economic performance of different countries, and that variations in national tax rules can affect the level of gain from disinflation.
Book Synopsis Smart Solutions to Climate Change by : Bjørn Lomborg
Download or read book Smart Solutions to Climate Change written by Bjørn Lomborg and published by Cambridge University Press. This book was released on 2010-09-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The failure of the Copenhagen climate conference in December 2009 revealed major flaws in the way the world's policy makers have attempted to prevent dangerous levels of increases in global temperatures. The expert authors in this specially commissioned collection focus on the likely costs and benefits of a very wide range of policy options, including geo-engineering, mitigation of CO2, methane and 'black carbon', expanding forest, research and development of low-carbon energy and encouraging green technology transfer. For each policy, authors outline all of the costs, benefits and likely outcomes, in fully referenced, clearly presented chapters accompanied by shorter, critical alternative perspectives. To further stimulate debate, a panel of economists, including three Nobel laureates, evaluate and rank the attractiveness of the policies. This authoritative and thought-provoking book will challenge readers to form their own conclusions about the best ways to respond to global warming.
Book Synopsis The Costs and Benefits of Animal Experiments by : Andrew Knight
Download or read book The Costs and Benefits of Animal Experiments written by Andrew Knight and published by Springer. This book was released on 2011-05-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of recent scientific evidence examining the contributions of animal experimentation to human healthcare. The book also explores toxicity prediction, animal use during life and health sciences education, impacts on student attitudes toward animals, and the extent to which animals suffer in laboratories.
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.
Book Synopsis The Effective Measurement and Management of ICT Costs and Benefits by : Dan Remenyi
Download or read book The Effective Measurement and Management of ICT Costs and Benefits written by Dan Remenyi and published by Elsevier. This book was released on 2007-03-27 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new and extensively updated edition of one of leading and authoritive books on the subject of IT costs and benefits. Since it was first published in the early 1990s, this book has established itself as the most comprehensive and complete approach to understanding the economics of how information is used to boost the efficiency or effectiveness of companies. The ideas in this book are used extensively in business, and the book is widely adopted and recommended at leading business schools around the world.This book will show you:How to use cost benefits analysis or business case accountingHow to use user satisfaction surveys and value for money studiesHow to integrate IT benefit delivery into IT project managementThis book covers a wide spectrum of IT cost and benefit solutions, ranging from business case accounting and user satisfaction studies right through to the business processes which need to be in place in order to ensure the effective measurement and management of IT costs and benefits. This book takes you through a basic understanding of the issues involved and onto the detail of how to perform the techniques required to measure and thus mange IT costs and benefits.The rapidly increasing level of expenditure on information technology in most organisations is one reason why IT benefits management has become an important business concern. Top management have begun to insist that much more attention be paid to the economic aspects of information systems. put the difficulties with IT benefits behind youmeasure IT benefits and manage their deliveryknow what measurement tools are available for the taskNew to the third edition: The evolution of thinking in ICT costs and benefits; management instinct; the chapter on Identification and Treatment of ICT costs is replaced with a more thorough treatment of the subject; the chapter on Risk Analysis is expanded by 50% with new and latest thinking on the subject; new chapters on: ICT evaluation as a political act, and the evaluation of an outsourcing contract. Extensive revisions of the material through out bring the book up-to-date with the latest thinking and evaluation techniques complete with a number of suggested websites through out the book where more information about the subject may be found.Covers all the practical aspects of business case accounting, ranking techniques and user information system surveys in connection with the effective measurement and management of IT costs and benefitsIdentifies a basic framework to help you understand the economic and financial issues of information technology investmentGives you evaluation concepts as well as several approaches to cost and benefit measurement Provides you with an IT Assessment Metric (ITAM) - which allows you to measure your firms progress towards obtaining maximum value from information technology procured* Gives you a basic framework to help you understand the economic and financial issues of IT investment* Covers all practical aspects of business case accounting, ranking techniques, user information system surveys IT costs and benefits analysis* Provides you with an IT Assessment Metric - allows you to measure your firms progress towards obtaining maximum value from information technology procured
Book Synopsis Hidden Costs, Value Lost by : Institute of Medicine
Download or read book Hidden Costs, Value Lost written by Institute of Medicine and published by National Academies Press. This book was released on 2003-06-19 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hidden Cost, Value Lost, the fifth of a series of six books on the consequences of uninsurance in the United States, illustrates some of the economic and social losses to the country of maintaining so many people without health insurance. The book explores the potential economic and societal benefits that could be realized if everyone had health insurance on a continuous basis, as people over age 65 currently do with Medicare. Hidden Costs, Value Lost concludes that the estimated benefits across society in health years of life gained by providing the uninsured with the kind and amount of health services that the insured use, are likely greater than the additional social costs of doing so. The potential economic value to be gained in better health outcomes from uninterrupted coverage for all Americans is estimated to be between $65 and $130 billion each year.
Book Synopsis The Full Costs and Benefits of Transportation by : David L. Greene
Download or read book The Full Costs and Benefits of Transportation written by David L. Greene and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern transportation systems have far-reaching, and serious consequences: deaths and injuries from accidents, pollution of air, water and groundwater, noise congestion, and the greenhouse effect. As world transport systems expand and become increasingly motorised, the transportation community is searching for systems that are both efficient and sustainable. Here, leading international researchers explore the issues and concepts and define the state of knowledge concerning the full costs and benefits of transportation.
Book Synopsis Gambling in America by : Earl L. Grinols
Download or read book Gambling in America written by Earl L. Grinols and published by Cambridge University Press. This book was released on 2004-01-12 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gambling in America carefully breaks ground by developing analytical tools to assess the benefits and costs of the economic and social changes introduced by casino gambling in monetary terms, linking them to individual households' utility and well-being. Since casinos are associated with unintended and often negative economic consequences, these factors are incorporated into the discussion. The book also shows how amenity benefits - for casinos, the benefit to consumers of closer proximity - enter the evaluation. Other topics include agent incentives and public decision making, conceptual clarifications about economic development, cost-benefit analysis, and net export multiplier models. Professor Grinols finds that, in considering all relevant factors, the social costs of casino gambling outweigh their social benefits.
Book Synopsis Social Costs and Benefits of Renewable Electricity Generation in Cyprus by : Theodoros Zachariadis
Download or read book Social Costs and Benefits of Renewable Electricity Generation in Cyprus written by Theodoros Zachariadis and published by Springer. This book was released on 2016-03-15 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an economic cost-benefit assessment of the penetration of renewable power generation in Cyprus up to 2030. Unlike a purely financial appraisal, we employ a social cost-benefit analysis that is mainly relevant for policy makers, taking into account – apart from direct financial costs – external costs and benefits from the diffusion of renewable electricity. The book presents a comprehensive yet straightforward case study, probably the first one conducted for Cyprus. Electricity produced by renewable sources increased worldwide at its fastest rate to date in 2014. Driven by policies to mitigate climate change, enhance energy security and reduce air pollution, and by declining costs of major technologies, renewables account for almost all net new power generating capacity in the developed world. In this context, Cyprus is increasingly adopting renewable power generation as well. In addition to its energy and environmental commitments as a member of the European Union, the country wishes to diversify its energy supply in order to drive down electricity costs and reduce energy supply risks. A significant deployment of renewable electricity is foreseen in the coming decades. Is it economically justified for a small country with an isolated electric system like Cyprus.
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.
Book Synopsis Marine Protected Areas Economics, Management and Effective Policy Mixes by : OECD
Download or read book Marine Protected Areas Economics, Management and Effective Policy Mixes written by OECD and published by OECD Publishing. This book was released on 2017-06-05 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intense exploitation of our oceans and seas is degrading marine biodiversity and ecosystems at an alarming rate. This report presents good practice insights for effectively managing marine protected areas (MPAs), one of the policy instruments available for the conservation and sustainable ...
Book Synopsis Costs and Benefits of Preventing Crime by : Brandon Welsh
Download or read book Costs and Benefits of Preventing Crime written by Brandon Welsh and published by Routledge. This book was released on 2018-03-08 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the cost savings from preventing a typical burglary, robbery, assault, or even a criminal career? Who benefits from these savings? How often do the benefits from preventing crime or criminal behavior exceed the resources spent on preventing or controlling crime? Is it more cost-effective to invest in early childhood programs or juvenile boot camps to reduce criminal offending? These are some of the important questions that face policymakers in crime and justice today. Answering them is no easy task. Nevertheless, it is important to provide answers in order to ensure that the dollars devoted to crime reduction are spent as efficiently as possible. The principle aim of Costs and Benefits of Preventing Crime is to report on and assess the present state of knowledge on the monetary costs and benefits of crime prevention programs. Remarkably, this crucial topic has rarely been studied up to the present time. This book examines key methodological issues, reports on the most up-to-date research findings, discusses international policy perspectives, and presents an agenda for future research and policy development on the economic analysis of crime prevention. Throughout, it addresses the important question of how governments should be allocating scarce resources to make crime prevention policy and practice more effective and to produce the greatest economic benefits to society. The book brings together research and perspectives from across North America, Europe, and Australia.
Book Synopsis Solutions for the World's Biggest Problems by : Bjørn Lomborg
Download or read book Solutions for the World's Biggest Problems written by Bjørn Lomborg and published by Cambridge University Press. This book was released on 2007-10-18 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has many pressing problems. Thanks to the efforts of governments, NGOs, and individual activists there is no shortage of ideas for resolving them. However, even if all governments were willing to spend more money on solving the problems, we cannot do it all at once. We have to prioritize; and in order to do this we need a better sense of the costs and benefits of each 'solution'. This book offers a rigorous overview of twenty-three of the world's biggest problems relating to the environment, governance, economics, and health and population. Leading economists provide a short survey of the analysis and sketch out policy solutions for which they provide cost-benefit ratios. A unique feature is the provision of freely downloadable software which allows readers to make their own cost-benefit calculations for spending money to make the world a better place.
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.
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.
