Cost-Benefit Analysis for Project Appraisal
By
Per-Olov Johansson (Author) Bengt Kristroem (Author)
Hardback
Available / dispatched within 1 - 2 weeks
Quantity
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. 4 Tables, black and white; 4 Halftones, unspecified; 24 Line drawings, unspecified
About the Author
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 Kristroem is Professor of Resource Economics and Head of the Department of Forest Economics at the Swedish University of Agricultural Sciences, Umea. He has been a consultant to the Swedish Government and to the OECD on many occasions, and has been a member of the Prime Minister's Commission on Sustainability and Chair of the Expert Group on Environmental Studies at the Ministry of Finance.
More Details
- Contributor: Per-Olov Johansson
- Imprint: Cambridge University Press
- ISBN13: 9781107121027
- Number of Pages: 250
- Packaged Dimensions: 180x251x17mm
- Packaged Weight: 600
- Format: Hardback
- Publisher: Cambridge University Press
- Release Date: 2015-10-22
- Binding: Hardback
- 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 Kristroem is Professor of Resource Economics and Head of the Department of Forest Economics at the Swedish University of Agricultural Sciences, Umea. He has been a consultant to the Swedish Government and to the OECD on many occasions, and has been a member of the Prime Minister's Commission on Sustainability and Chair of the Expert Group on Environmental Studies at the Ministry of Finance.
Delivery Options
Home Delivery
Store Delivery
Free Returns
We hope you are delighted with everything you buy from us. However, if you are not, we will refund or replace your order up to 30 days after purchase. Terms and exclusions apply; find out more from our Returns and Refunds Policy.