1.

Record Nr.

UNINA9910790849103321

Autore

Keating Barry <1945-, >

Titolo

Basic cost benefit analysis for assessing local public projects / / Barry P. Keating and Maryann O. Keating

Pubbl/distr/stampa

New York, New York (222 East 46th Street, New York, NY 10017) : , : Business Expert Press, , 2014

ISBN

1-60649-637-9

Edizione

[First edition.]

Descrizione fisica

1 online resource (140 p.)

Collana

Economics collection, , 2163-7628

Disciplina

307.1

Soggetti

Public works - Cost effectiveness

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Part of: 2013 digital library.

Nota di bibliografia

Includes bibliographical references (pages 121-124) and index.

Nota di contenuto

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.

Sommario/riassunto

This book presents essential elements for understanding, interpreting, and conducting cost benefit analysis (CBA) in the context of local government. The cost benefit technique is so often referenced in government policy that a correct understanding is necessary for officials entrusted with public decisions. It is especially useful for those charged with preparing numerical analyses to assess the worthiness of a specific policy proposal. In this manual, costs and benefits are identified and analyzed in terms of economic efficiency and resource allocation.