Cost-Benefit Analysis for Project Appraisal by Per-Olov Johansson (English) Pape

Description: Cost-Benefit Analysis for Project Appraisal by Per-Olov Johansson, Bengt Kriström This book uses modern economic tools to obtain general equilibrium cost-benefit rules. It not only presents evaluation rules for small projects but also shows how to evaluate large projects as well as mega projects (such as high speed rails and channel tunnels). This is an excellent toolkit for graduate students and policymakers. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description Written by two leading experts, this is a compact guide to the key tools and methods necessary to carry out cost-benefit analysis (CBA). The authors use modern economic tools to obtain general equilibrium cost-benefit rules that can be used to evaluate small projects, as well as large and even mega projects. Intertemporal issues like discounting, the shadow price of capital, and the treatment of risk are covered, and a state-of-the-art summary of available methods for the valuation of unpriced commodities is also included. In addition, the book provides detailed expositions of the marginal cost of public goods (MCPF), the marginal excess burden of taxes (MEB), and second-best evaluation rules, and shows how these concepts are interrelated. The importance of undertaking due diligence in evaluations is highlighted. This is an excellent toolkit for graduate students learning about the principles of CBA, and is a useful guide for government officials and policymakers. Author Biography Per-Olov Johansson is Emeritus Professor in the Department of Economics at Stockholm School of Economics. He has published four books with Cambridge University Press: The Economic Theory and Measurement of Environmental Benefits (1987), Introduction to Modern Welfare Economics (1991), Cost-Benefit Analysis of Environmental Change (1993), and Evaluating Health Risks: An Economic Approach (1995). Bengt Kriström is Professor of Resource Economics and Head of the Department of Forest Economics at the Swedish University of Agricultural Sciences, Umeå. He has been a consultant to the Swedish Government and to the OECD on many occasions, and has been a member of the Prime Ministers Commission on Sustainability and Chair of the Expert Group on Environmental Studies at the Ministry of Finance. Table of Contents Preface; 1. Introduction; 2. The basic cost-benefit (C-B) model 9; 3. Market distortions; 4. Intertemporal generalization; 5. Natural resources; 6. Small versus large projects; 7. Aggregation; 8. Appraisal in a risky world; 9. Notes on estimation; 10. A smörgåsbord of further topics; 11. Robustness checks and due diligence in evaluations; References; Index. Promotional This book uses modern economic tools to obtain general equilibrium cost-benefit rules to evaluate small, large and ultra-large projects. Promotional "Headline" This book uses modern economic tools to obtain general equilibrium cost-benefit rules to evaluate small, large and ultra-large projects. Description for Bookstore This book uses modern economic tools to obtain general equilibrium cost-benefit rules. It not only presents evaluation rules for small projects but also shows how to evaluate large projects as well as mega projects (such as high speed rails and channel tunnels). This is an excellent toolkit for graduate students and policymakers. Description for Library This book uses modern economic tools to obtain general equilibrium cost-benefit rules. It not only presents evaluation rules for small projects but also shows how to evaluate large projects as well as mega projects (such as high speed rails and channel tunnels). This is an excellent toolkit for graduate students and policymakers. Details ISBN1107548225 Author Bengt Kriström Publisher Cambridge University Press Language English ISBN-10 1107548225 ISBN-13 9781107548220 Media Book Format Paperback Residence SW Year 2015 Imprint Cambridge University Press Place of Publication Cambridge Country of Publication United Kingdom Publication Date 2015-10-22 DEWEY 658.1554 Pages 250 Short Title COST BENEFIT ANALYSIS FOR PROJ UK Release Date 2015-10-22 AU Release Date 2015-10-22 NZ Release Date 2015-10-22 Illustrations 4 Tables, black and white; 4 Halftones, unspecified; 24 Line drawings, unspecified Alternative 9781107121027 Audience Tertiary & Higher Education We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96933220;

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