000 | 05819nam a2200817 i 4500 | ||
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001 | 11390032 | ||
003 | CaPaEBR | ||
005 | 20241023114852.0 | ||
006 | m eo d | ||
007 | cr cn |||m|||a | ||
008 | 170602s2017 nyu foab 001 0 eng d | ||
020 |
_a9781631578823 _qe-book |
||
035 | _a(BEP)4865547 | ||
035 | _a(OCoLC)988857430 | ||
035 | _a(CaBNVSL)swl00407413 | ||
040 |
_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL |
||
050 | 4 | _aHD3857 | |
100 | 1 |
_aKeating, Barry, _d1945-, _eauthor. |
|
245 | 1 | 0 |
_aBasic cost benefit analysis for assessing local public projects / _cBarry P. Keating and Maryann O. Keating. |
250 | _aSecond edition. | ||
264 | 1 |
_aNew York, New York (222 East 46th Street, New York, NY 10017) : _bBusiness Expert Press, _c[(c)2017.] |
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300 | _a1 online resource (128 pages) | ||
336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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347 |
_adata file _2rda |
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490 | 1 |
_aEconomics collection, _x2163-7628 |
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504 | _aIncludes bibliographical references (pages 119-124) and index. | ||
505 | 0 |
_a1. An introduction to cost-benefit analysis -- _t2. Cost-benefit analysis and individual preferences -- _t3. Time preference and the discount rate -- _t4. Measuring costs and benefits -- _t5. Shadow pricing -- _t6. Potential pitfalls in cost benefit analysis -- _t7. Introducing cost benefit analysis to the nonspecialist -- _t8. Cost benefit analysis of proposed new regulations -- _t9. Case study: contracting versus a municipal animal control shelter -- _t10. Case study: cost benefit analysis for a forty acre industrial park intended to spawn economic development and jobs -- _t11. Case study: establishing a recreational program for the disabled -- _tAppendix: some numerical background -- _tNotes -- _tBibliography -- _tIndex. |
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506 | _aAccess restricted to authorized users and institutions. | ||
520 | 3 | _aCost benefit analysis (CBA) is often expected or required for government projects. On the state and local level, the technique is useful for assessing the worthiness of a specific policy proposal. The accounting and analysis of large-scale technical projects require specialized training; in this manual, we offer a nontheoretical introduction to CBA, accessible to readers without an advanced statistical or economic background. The book is designed as a how-to primer in the basics of CBA for local officials who actually evaluate proposals or merely interpret reports using CBA. A Reference List is provided for further study. There is a critical need for officials and the general public to question assumptions, biases, and omissions in proposals submitted by those advocating for certain projects. Tax revenue is limited and government debt at some point becomes unsustainable. CBA is rooted in and has little or no value apart from the economic concepts of cost and resource efficiency, but our goal here is not to stress underlying economic theory. Rather, this manual is designed to explain the correct use and interpretation of CBA, pointing out CBA's limitations and pitfalls. Properly employed, CBA is simply a method for assessing a proposal prior to a collective-choice decision. The CBA process uncovers and measures the intensity of values that residents place on certain services. It attempts to measure net benefits to be derived from a specific proposal relative to an alternative project or the default option of doing nothing. Because standard statistical packages, spreadsheets, and graphical analyses are now generally available, CBA, as a tool, has become more accessible for small projects on a local level. Case studies, presented in the final chapters of this book, represent typical proposals confronted by local officials. Included are instructions for using computer spreadsheets to build basic cost benefit models and an Appendix on the step-by-step process for discounting future costs and benefits. Completing this book will allow a student or local government decision maker to understand and construct a simple CBA model. They will also be able to evaluate more extensive CBA models for accuracy and shortcomings. | |
530 |
_a2 _ub |
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530 | _aAlso available in printing. | ||
538 | _aMode of access: World Wide Web. | ||
538 | _aSystem requirements: Adobe Acrobat reader. | ||
588 | _aTitle from PDF title page (viewed on June 2, 2017). | ||
650 | 0 |
_aPublic works _xCost effectiveness. |
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653 | _abenefits ratio | ||
653 | _acost benefit analysis (CBA) | ||
653 | _acost effectiveness analysis | ||
653 | _adiscount rate | ||
653 | _aeconomic efficiency | ||
653 | _aexistence values | ||
653 | _aexternal or social benefits | ||
653 | _aexternal or social costs | ||
653 | _aexternalities or spillovers | ||
653 | _agovernment failure | ||
653 | _ahedonic valuation | ||
653 | _ahypothetical contingent valuation | ||
653 | _alocal government | ||
653 | _amarket failure | ||
653 | _anet discounted benefits | ||
653 | _apositive time preference | ||
653 | _apresent value of benefits | ||
653 | _apresent value of costs | ||
653 | _aproject evaluation | ||
653 | _aregulatory capture | ||
653 | _arent seeking | ||
653 | _asensitivity analysis | ||
653 | _asocial welfare functions | ||
653 | _astanding | ||
653 | _awillingness to accept | ||
653 | _awillingness to pay | ||
655 | 0 | _a[genre] | |
655 | 0 | _aElectronic books. | |
700 | 1 |
_aKeating, Maryann O., _eauthor. |
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776 | 0 | 8 |
_iPrint version: _z9781631578816 |
830 | 0 |
_aEconomics collection. _x2163-7628 |
|
856 | 4 | 0 | _uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000616.html |
942 |
_2lcc _bCIU _cOB _eBEP _QOL _zBEP11390032 |
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999 |
_c72748 _d72748 |
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902 |
_c1 _dCynthia Snell |