A Guide to Benefit-Cost Analysis

by Edward M. Gramlich

Book Overview

Now available from Waveland Press at a special low price, this highly regarded edition updates Gramlich's previous work with new material and real-world examples--including acid rain, minimum wages,... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 013074543X
• ISBN13: 9780130745439
• Release Date: January 1990
• Publisher: Prentice Hall
• Length: 246 Pages
• Weight: 1.05 lbs.

Customer Reviews

Clear basic guide to the techniques

This is a basic and clear guide to the practices of CBA. It explains the fundamentals of how CBA should be applied and provides concrete examples of the methods. The author has a good grasp of how to explain concepts such as compensating and equivalent variation. The book is a little dated in that the current controversies about the legal and ethical foundations of CBA are not well addressed. Therfore, while is serves as a strong text at the undergraduate level, instructors will want to augment the treatment with readings from the current literature such as the works of Adler and Posner.