TY  - BOOK
AU  - Johansson,Per-Olov
AU  - Kriström,Bengt
TI  - Cost-benefit analysis
T2  - Elements in public economics
SN  - 9781108660624 (ebook)
AV  - HD47.4 .J64 2018
U1  - 658.1554 23
PY  - 2018///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Cost effectiveness
N1  - Title from publisher's bibliographic system (viewed on 29 May 2018)
N2  - 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
UR  - https://doi.org/10.1017/9781108660624
ER  -