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Cost-Benefit Analysis

Cost-Benefit Analysis
Author: Tevfik F. Nas
Publisher: Lexington Books
Total Pages: 253
Release: 2016-07-29
Genre: Business & Economics
ISBN: 1498522513

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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.


Applied Methods of Cost-effectiveness Analysis in Healthcare

Applied Methods of Cost-effectiveness Analysis in Healthcare
Author: Alastair Gray
Publisher: Oxford University Press, USA
Total Pages: 326
Release: 2011
Genre: Business & Economics
ISBN: 0199227284

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This book provides the reader with a comprehensive set of instructions and examples of how to perform an economic evaluation of a health intervention, focusing solely on cost-effectiveness analysis in healthcare.


Advanced Introduction to Cost–Benefit Analysis

Advanced Introduction to Cost–Benefit Analysis
Author: Robert J. Brent
Publisher: Edward Elgar Publishing
Total Pages: 220
Release: 2017-10-27
Genre: Cost effectiveness
ISBN: 1785361767

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This concise yet comprehensive introduction aims to outline the core principles of Cost–Benefit Analysis (CBA), laying them out in an accessible manner with minimum technical detail. The applied nature of the subject is emphasized by showing how each of the principles is applied to an actual public policy intervention, covering transport, education, health and the environment. Robert Brent demonstrates how economic efficiency and equity can be combined as social objectives to help determine decisions that can increase satisfaction for all.


Applied Methods of Cost-Benefit Analysis in Health Care

Applied Methods of Cost-Benefit Analysis in Health Care
Author: Emma McIntosh
Publisher: Oxford University Press
Total Pages: 282
Release: 2010-06-24
Genre: Medical
ISBN: 0191008060

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This book provides the reader with a comprehensive set of instructions and examples of how to perform a cost-benefit analysis (CBA) of a health intervention. Developed out of a course run by Jordan Louviere at the University of Technology, Sydney, entitled An Introduction to Stated Preference Discrete Choice Modelling it has a particular focus on the use of stated preference survey methods to identify consumer preference data, as well as the use of recent developments in cost-effectiveness analysis within a CBA framework. In doing so, the most up to date methodologies for CBA are compiled in a comprehensive manner with the aim of advancing the methodology of CBA in healthcare. ABOUT THE SERIES Series editors Alastair Gray and Andrew Briggs Economic evaluation of health intervention is a growing specialist field, and this series of practical handbooks tackles, in depth, topics superficially addressed in more general economics books. Each volume includes illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. The series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.


Applied Cost-benefit Analysis, Second Edition

Applied Cost-benefit Analysis, Second Edition
Author: Robert J. Brent
Publisher: Edward Elgar Publishing
Total Pages: 493
Release: 2006-12-21
Genre: Business & Economics
ISBN: 1847204147

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Acclaim for first edition: The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of theoretical and assumptions. Moreover, they are presented in an accessible amethodologicalnd attractive way. For those who know already the principles of CBA, these applications are stimulating and enjoyable reading. Erik Schokkaert, Tijdschrift voor Economie en Management This fully updated new edition continues in the vein of its predecessor by viewing cost benefit analysis as applied welfare economics, while at the same time building on the earlier framework by extending the theory and providing further applications in each chapter. New for this edition are analyses of theory related applications in mental health, condom social marketing programs, female primary education as a means of preventing HIV/AIDS and the pricing of natural gas. Presented in an integrated manner, the theoretical concepts are constructed around the main building blocks of CBA, such as shadow pricing, distribution weights, the social discount rate and the marginal cost of public funds. This edition will cement the book s place as a major and accessible text in the field and will be of great interest to graduate and undergraduate students of welfare economics and microeconomic theory, as well as government economists involved with any area of public policy.


Cost-Benefit Analysis for Development

Cost-Benefit Analysis for Development
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 385
Release: 2013-01-01
Genre: Business & Economics
ISBN: 9290929588

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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

Cost-Benefit Analysis
Author: Tevfik F. Nas
Publisher: SAGE
Total Pages: 240
Release: 1996-02-14
Genre: Business & Economics
ISBN: 9780803971332

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The author introduces "the foundation of relevant economic theory," outlines "the steps involved in a typical cost-benefit analysis," and addresses "topics such as consumer surplus, compensating variation, equivalent variation, shadow pricing, income distribution, and much more."--Cover.


New Foundations of Cost-Benefit Analysis

New Foundations of Cost-Benefit Analysis
Author: Matthew D. Adler
Publisher: Harvard University Press
Total Pages: 258
Release: 2006-10
Genre: Business & Economics
ISBN: 9780674022799

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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

Cost-Benefit Analysis
Author: Euston Quah
Publisher: Routledge
Total Pages: 209
Release: 2011-10-20
Genre: Business & Economics
ISBN: 1136621199

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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.