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Cost-benefit analysis

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Torriti, J. ORCID: https://orcid.org/0000-0003-0569-039X and Ikpe, E. (2015) Cost-benefit analysis. In: Marciano, A. and Ramello, G. B. (eds.) Encyclopedia of Law and Economics. Springer, New York, NY. ISBN 9781461478836

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To link to this item DOI: 10.1007/978-1-4614-7753-2_124

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:Science > School of the Built Environment > Energy and Environmental Engineering group
ID Code:43040
Publisher:Springer
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