TY - BOOK AU - Keating,Barry AU - Keating,Maryann O. TI - Basic cost benefit analysis for assessing local public projects T2 - Economics collection, SN - 9781606496374 (e-book) AV - HD3857 .K423 2014 U1 - 658.15 23 PY - 2014/// CY - New York, New York (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Public works KW - Cost effectiveness KW - cost benefit analysis (CBA) KW - local government KW - project evaluation KW - discount rate KW - willingness to accept KW - willingness to pay KW - economic efficiency KW - positive time preference KW - net discounted benefits KW - present value of costs KW - present value of benefits KW - social welfare functions KW - externalities/spillovers KW - cost effectiveness analysis KW - benefits ratio KW - sensitivity analysis KW - market failure KW - government failure KW - standing KW - external/social costs KW - external/social benefits KW - existence values KW - hedonic valuation KW - hypothetical contingent valuation KW - rent seeking KW - regulatory capture KW - Electronic books N1 - 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 N2 - 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 UR - https://ebookcentral.proquest.com/lib/aitie/detail.action?docID=1570056 ER -