Cost-Benefit Analysis

Cost-Benefit Analysis
  • Second edition

  • Edited by Richard Layard

    Edited by Stephen Glaister

  • Publisher: Cambridge University Press

    Online Publication Date:November 2009

    Online ISBN:9780511521942

    Hardback ISBN:9780521461283

    Paperback ISBN:9780521466745

  • Book DOI:

    Subjects: Microeconomics

This second edition covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up to date, reflecting the most recent research in the area. Part One covers the main theoretical issues affecting cost-benefit analysis. Part Two considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.


'The introduction is an excellent review of the basic principles of cost benefit analysis, and the readings are definitive. An excellent basis for a course.' Geoffrey Heal, Columbia University