Part I: Overview Chapter 1. Introduction to Cost-Benefit Analysis Chapter 2. Conceptual Foundations of Cost-Benefit Analysis Part II: Fundamentals of CBA Chapter 3. Economics 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 9. Existence Value Chapter 10. The Social Discount Rate Part III: Valuation of Impacts 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 Part IV: Related Methods Chapter 17. Cost-Effectiveness Analysis Chapter 18. Distributionally Weighted Cost-Benefit Analysis

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. Make conducting/interpreting a CBA more manageable: Nine-Step Framework. The authors first illustrate the nine steps to conducting and/or interpreting a CBA in Chapter 1, with the straightforward example of the Coquihalla Highway project. This example gives students an opportunity to see the practical realities of the entire cost-benefit analysis process, before getting into technical detail. The conceptual and practical issues introduced in this example are then developed in more depth throughout the remainder of the book. Provide accurate and realistic information: Boardman, Greenberg, Vining, and Weimer have each contributed to the field as prolific researchers, and their collective experience in consulting brings a true, realistic, and applied foundation to this text. Appeal to a diverse audience: This text emphasizes clear discussion over formal mathematics, and application over abstract theory, while still covering important, if difficult, conceptual issues in detail. NEW! The material in this edition focuses on the three intended audiences: For courses on public-sector decision-making offered in graduate programs in public policy analysis, public sector management, urban planning, public administration, business, economics, public health and environmental studies. For courses in economics, public finance, public-sector economics or policy analysis.   For policy analysts and public managers as a general introduction and practical guide to cost-benefit analysis. NEW! Chapter 11. Predicting and Monetizing Impacts.

Appeal to a diverse audience: This text emphasizes clear discussion over formal mathematics, and application over abstract theory, while still covering important, if difficult, conceptual issues in detail. NEW! The material in this edition focuses on the three intended audiences: For courses on public-sector decision-making offered in graduate programs in public policy analysis, public sector management, urban planning, public administration, business, economics, public health and environmental studies. For courses in economics, public finance, public-sector economics or policy analysis.   For policy analysts and public managers as a general introduction and practical guide to cost-benefit analysis. NEW! Chapter 11. Predicting and Monetizing Impacts.