Cost-Benefit Analysis: Theory and Application

Introduction Economic Efficiency, Income Distribution, and the Market Mechanism Market Failure, Economic Efficiency, and Collective Decision-Making Principles of Cost-Benefit Analysis Allocational Effects of Public Projects Measuring Costs and Benefits Nonmarket Valuation Investment Criteria and Project Selection The Choice of Discount Rate Income Distribution as an Evaluation Criterion Applications of Cost-Benefit Analysis Evaluation Studies Environment Evaluation Studies Health Care CBA in a Developing Country Context