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
Summary
CBA is an attempt to fully account for all costs associated with a new proposal along with a detailed calculation of specific private and public benefits. Properly employed, CBA is simply a method for assessing a proposal prior to a collective decision by calculating net benefits relative to an alternative project or the default option of doing nothing
Bibliography
Includes bibliographical references and index
Notes
Online resource; title from title page (Safari, viewed September 10, 2015)