Johansson, Per-Olov,  1949- <br/><br/>
Cost-benefit analysis / 
Per-Olov Johansson and Bengt Kriström. 
 - 1 online resource (iv, 94 pages) :  digital, PDF file(s). 
 - Elements in public economics  2516-2276 Cambridge elements .
 - Cambridge elements. .
<br/><br/> Title from publisher's bibliographic system (viewed on 29 May 2018). 
<br/><br/> This Element on cost-benefit analysis provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. The Element discusses how to assess small (or marginal) as well as large (or non-marginal) projects that have a significant impact on prices and/or other economic variables. It also discusses distortions like taxes, market power, and sticky prices. In addition, risk/uncertainty is considered. A novel feature is the elaboration on flexible evaluation rules for reasonably small projects. Conventional point-estimates of projects should be used with care, because they typically give biased results. 
<br/><br/><label>ISBN: </label>9781108660624 (ebook) 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Cost effectiveness.
<br/><br/><label>LC Class. No.: </label>HD47.4  / .J64 2018 
<br/><br/><label>Dewey Class. No.: </label>658.1554