Principles and Standards for Benefit–Cost Analysis

Edited by Scott Farrow, Professor of Economics, University of Maryland, Baltimore County, US and Richard O. Zerbe, Jr., Daniel J. Evans Distinguished Professor of Public Affairs and Director, Benefit–Cost Analysis Center, Daniel J. Evans School of Public Affairs and Adjunct Professor of Law, University of Washington, US

• Contents:Introduction: Professionalizing Benefit–Cost AnalysisScott Farrow and Richard O. Zerbe, Jr.1. An Assessment of Important Issues Concerning the Application of Benefit–Cost Analysis to Social Policy Aidan R. Vining and David L. Weimer2. Toward Standardization of Benefit–Cost Analysis of Early Childhood Interventions Lynn A. Karoly3. Principles and Standards for Benefit–Cost Analysis of Public Health Preparedness and Pandemic Mitigation Programs Joseph H. Cook4. Principles and Standards for the Benefit–Cost Analysis of Crime John R. Lott, Jr.5. Towards Principles and Standards for the Benefit–Cost Analysis of Safety Scott Farrow and W. Kip Viscusi6. Developing General Equilibrium Benefit Analyses for Social Programs: An Introduction and ExampleH. Allen Klaiber and V. Kerry Smith7. Appropriate Discounting for Benefit–Cost Analysis David F. Burgess and Richard O. Zerbe, Jr.8. Ethical Benefit–Cost Analysis as Art and Science: Ten Rules for Benefit–Cost AnalysisRichard O. Zerbe, Jr.9. Incorporating Distributional Issues into Benefit–Cost Analysis: Why, How, and Two Empirical Examples Using Non-market ValuationJohn B. Loomis10. Behavioral Economics and the Conduct of Benefit–Cost Analysis: Towards Principles and StandardsLisa A. Robinson and James K. Hammitt11. Conclusion: Principles and Standards for Benefit–Cost AnalysisRichard O. Zerbe, Jr., Tyler Blake Davis, Nancy Garland and Tyler Scott

‘This book is a superb textbook treatment of benefit–cost analysis. It is well designed for students in public policy, public administration, public health, social work, environmental affairs, law and business.’