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Cost-benefit analysis

Torriti, J. and Ikpe, E. (2015) Cost-benefit analysis. In: Encyclopedia of Law and Economics. Springer, pp. 1-8. ISBN 9781461478836

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To link to this item DOI: 10.1007/978-1-4614-7883-6_124-1

Abstract/Summary

Over the past 30 years, cost–benefit analysis (CBA) has been applied to various areas of public policies and projects. The aim of this essay is to describe the origins of CBA, classify typologies of costs and benefits, define efficiency under CBA and discuss issues associated with the use of a microeconomic tool in macroeconomic contexts.

Item Type:Book or Report Section
Refereed:Yes
Divisions:Faculty of Science > School of the Built Environment > Construction Management and Engineering > Innovative and Sustainable Technologies
ID Code:43040
Publisher:Springer

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