Cost-Benefit Analysis

Preface. Part I. Overview: 1. Introduction to cost-benefit analysis; 2. Conceptual foundations of cost-benefit analysis; Part II. Fundamentals of CBA: 3. Microeconomic foundations of cost-benefit analysis; 4. Valuing benefits and costs in primary markets; 5. Valuing benefits and costs in secondary markets; 6. Discounting benefits and costs in future time periods; 7. Dealing with uncertainty: expected values, sensitivity analysis, and the value of information; 8. Option price and option value; 9. Existence value; 10. The social discount rate 1; 11. Predicting and monetizing impacts; Part III. Valuation of Impacts: 12. Valuing impacts from observed behavior: experiments and quasi-experiments; 13. Valuing impacts from observed behavior: direct estimation of demand curves; 14. Valuing impacts from observed behavior: indirect market methods; 15. Contingent valuation: using surveys to elicit information about costs and benefits; 16. Shadow prices from secondary sources; 17. Shadow prices: applications to developing countries 1; Part IV. Related Methods: 18. Cost-effective analysis; 19. Distributionally weighted cost-benefit analysis; 20. How accurate is CBA?; Name index; Subject index.