Basic cost benefit analysis for assessing local public projects /
Keating, Barry, 1945-
Basic cost benefit analysis for assessing local public projects / [electronic resource] Barry P. Keating and Maryann O. Keating. - First edition. - 1 online resource (128 pages) - Economics collection, 2163-7628 . - 2014 digital library. Economics collection. .
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.
Access restricted to authorized users and institutions.
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.
9781606496374 (e-book)
Public works--Cost effectiveness.
cost benefit analysis (CBA) local government project evaluation discount rate willingness to accept willingness to pay economic efficiency positive time preference net discounted benefits present value of costs present value of benefits social welfare functions externalities/spillovers cost effectiveness analysis benefits ratio sensitivity analysis market failure government failure standing external/social costs external/social benefits existence values hedonic valuation hypothetical contingent valuation rent seeking regulatory capture
Electronic books.
HD3857 / .K423 2014
658.15
Basic cost benefit analysis for assessing local public projects / [electronic resource] Barry P. Keating and Maryann O. Keating. - First edition. - 1 online resource (128 pages) - Economics collection, 2163-7628 . - 2014 digital library. Economics collection. .
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.
Access restricted to authorized users and institutions.
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.
9781606496374 (e-book)
Public works--Cost effectiveness.
cost benefit analysis (CBA) local government project evaluation discount rate willingness to accept willingness to pay economic efficiency positive time preference net discounted benefits present value of costs present value of benefits social welfare functions externalities/spillovers cost effectiveness analysis benefits ratio sensitivity analysis market failure government failure standing external/social costs external/social benefits existence values hedonic valuation hypothetical contingent valuation rent seeking regulatory capture
Electronic books.
HD3857 / .K423 2014
658.15