000 01907nam a2200229 a 4500
020 _a9780521461283
020 _a0521461286
020 _a9780521466745
020 _a0521466741
082 _a658.1554
_bCOS
100 _aLayard, Richard (Editor)
245 _aCost-benefit analysis
250 _a2nd Edition
260 _aCambridge:
_bCambridge University Press,
_c1994.
300 _ax, 497 pages :
_billustrations ;
500 _aIncludes index
505 _a 1. Shadow prices and markets: Policy reform, shadow prices and market prices / J. Dreze and N. Stern -- 2. Shadow prices and markets: Feasibility constraints: foreign exchange and shadow wages / A.K. Sen -- 3. Discount rates: The rate of discount for benefit-cost analysis and the theory of the second best / J.E. Stiglitz -- 4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions / K.J. Arrow and R.C. Lind -- 5. Income distribution: Allowing for income distribution / R. Layard and A.A. Walters -- 6. The costs and benefits of analysis: Project appraisal and planning twenty years on / I.M.D. Little and J.A. Mirrlees -- 7. Time savings: Research into the value of time / The MVA Consultancy et al -- 8. Safety and the saving of life: The theory of equalizing differences / S. Rosen -- 9. Safety and the saving of life: The economics of safety and physical risk / M.W. Jones-Lee.
520 _a Should Chicago build a new airport, or India build a new steel mill? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the mail tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics.
650 _aCost effectiveness.
700 _a Glaister, Stephen (Editor)
942 _cBK
999 _c41461
_d41461