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Econometrics. --- Benefit cost analysis --- Economic factors
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Performance --- Hydroelectric micropower generation --- Benefit cost analysis --- Evaluation.
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Concrete slabs. --- Construction modulaire --- Benefit cost analysis --- Cost comparison
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Excavating equipment --- Bulk transporters --- Coal mines --- Benefit cost analysis
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Hydroelectric micropower generators --- Benefit cost analysis --- Hydraulic turbines
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Transport. Traffic --- France --- Transportation demand management. --- Benefit cost analysis --- Decision making
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This Element on cost-benefit analysis provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. The Element discusses how to assess small (or marginal) as well as large (or non-marginal) projects that have a significant impact on prices and/or other economic variables. It also discusses distortions like taxes, market power, and sticky prices. In addition, risk/uncertainty is considered. A novel feature is the elaboration on flexible evaluation rules for reasonably small projects. Conventional point-estimates of projects should be used with care, because they typically give biased results.
Cost effectiveness. --- Benefit cost analysis --- Capital output ratios --- Cost benefit analysis --- Costs, Industrial --- Engineering economy --- Value analysis (Cost control)
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Written by two leading experts, this is a compact guide to the key tools and methods necessary to carry out cost-benefit analysis (CBA). The authors use modern economic tools to obtain general equilibrium cost-benefit rules that can be used to evaluate small projects, as well as large and even mega projects. Intertemporal issues like discounting, the shadow price of capital, and the treatment of risk are covered, and a state-of-the-art summary of available methods for the valuation of unpriced commodities is also included. In addition, the book provides detailed expositions of the marginal cost of public goods (MCPF), the marginal excess burden of taxes (MEB), and second-best evaluation rules, and shows how these concepts are interrelated. The importance of undertaking due diligence in evaluations is highlighted. This is an excellent toolkit for graduate students learning about the principles of CBA, and is a useful guide for government officials and policymakers.
Cost effectiveness. --- Benefit cost analysis --- Capital output ratios --- Cost benefit analysis --- Costs, Industrial --- Engineering economy --- Value analysis (Cost control)
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Cost effectiveness --- Cost effectiveness. --- Benefit cost analysis --- Capital output ratios --- Cost benefit analysis --- Costs, Industrial --- Engineering economy --- Value analysis (Cost control)
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