Cost-Benefit Analysis: Pearson New International Edition, 4th Edition

For undergraduate courses in cost-benefit analysis.

A practical introduction to cost-benefit analysis through problem solving.

This authoritative, market-leading text is known for its consistent application of a nine-step framework for conducting or interpreting a cost-benefit analysis.

This edition includes a number of chapters that have been revised and reorganized to make the material clearer and more accessible

Table of Contents

Chapter 1. Introduction To Cost-Benefit Analysis
Chapter 2. Conceptual Foundations Of Cost-Benefit Analysis
Chapter 3. Microeconomic Foundations Of Cost-Benefit Analysis
Chapter 4. Valuing Benefits And Costs In Primary Markets
Chapter 5. Valuing Benefits And Costs In Secondary Markets
Chapter 6. Discounting Benefits And Costs In Future Time Periods
Chapter 7. Dealing With Uncertainty: Expected Values, Sensitivity Analysis, And The Value Of Information
Chapter 8. Option Price And Option Value
Chapter 10. The Social Discount Rate
Chapter 11. Predicting And Monetizing Impacts
Chapter 12. Valuing Impacts From Observed Behavior: Experiments And Quasi-Experiments
Chapter 13. Valuing Impacts From Observed Behavior: Direct Estimation Of Demand Curves
Chapter 14. Valuing Impacts From Observed Behavior: Indirect Market Methods
Chapter 15. Shadow Prices From Secondary Sources
Chapter 16. Shadow Prices: Applications To Developing Countries
Chapter 17. Cost-Effectiveness Analysis
Chapter 18. Distributionally Weighted Cost-Benefit Analysis