Cost-Benefit Analysis

Peter Abelson
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Peter Abelson: Macquarie University

Chapter 2 in Project Appraisal and Valuation of the Environment, 1996, pp 15-37 from Palgrave Macmillan

Abstract: Abstract In this book, project appraisal and cost—benefit analysis (CBA) are used as interchangeable terms. This reflects widespread international practice. Governments and international funding agencies use CBA as their main formal method of project appraisal. Also, as I argue below and elsewhere (Abelson, 1979; Applied Economics, 1995), CBA is the most systematic and consistent appraisal method available.

Keywords: Discount Rate; Consumer Surplus; Demand Curve; Secondary Benefit; Time Preference Rate (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37474-4_2

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DOI: 10.1057/9780230374744_2

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