Benefit–cost analysis is at heart a subject of practicality and usefulness. With this in mind, the author has chosen to discuss the most relevant previously published articles. Having explored the theoretical and ethical underpinnings of the subject, the research review then addresses some major policy issues and debates. These include the institutional arrangements through which benefit–cost analyses would be most useful to the policy and decision process, the need for a set of principles and standards to unify benefit–cost analysis methods, the use of general equilibrium analysis and the proper treatment of uncertainty and risk.
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A European Perspective
Edited by Ekin Birol and Phoebe Koundouri
This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European Union (EU) countries, including Finland, France, Greece, Ireland, Italy, Poland, Spain and the United Kingdom. The case studies presented concern a variety of environmental, agricultural and natural resource issues – such as the management of water resources, forests and agricultural landscapes; conservation of biodiversity and cultural heritage; noise pollution reduction and food labeling. The book highlights how the choice experiment method can be employed to inform efficient and effective design and implementation of various EU level agricultural and environmental policies and directives, including the Common Agricultural Policy, Water Framework Directive, Forestry Strategy, Habitats Directive and food labeling systems.
Towards Better Regulation?
Edited by Colin Kirkpatrick and David Parker
Better state regulation is a key component of economic reform. This is the first book to comprehensively explore international experience in the use of Regulatory Impact Assessment (RIA), which involves assessing the potential benefits and costs of any regulatory change. The contributors reveal that RIA is being adopted by an increasing number of countries as a route to better regulation with varying degrees of success. The book includes contributions from leading experts on regulatory reform and introduces a range of case studies from developed, developing and transitional economies.
Extending the Social Cost–Benefit Approach
Edited by Elvira Haezendonck
This book revisits traditional evaluation methods, such as cost–benefit analysis, to try and find a balance between the ever-increasing demand for transport, the search for sustainable mobility and green transport solutions, and the limited financial resources that governments are able to invest in transport infrastructure projects.
The Structural Funds of the European Union
Edited by Massimo Florio
This book provides an authoritative contribution to applied cost–benefit analysis (CBA) and other evaluation methods in the context of the regional policy of the European Union. Through the use of Structural Funds and other financial and regulatory mechanisms, the EU will help to promote thousands of infrastructure projects in the next decade. CBA will be a key ingredient in the investment decision process and the authors provide important insights from their international experiences in project appraisal and evaluation and point to some valuable lessons to be learnt for the future.
Edited by Fred J. Hitzhusen
The book applies benefit–cost analysis and a wide array of non-market and distribution economic valuation methods in ecologic context to determine the pay-off and distribution impacts of various infrastructure and water quality improvements to eight river systems in the Great Lakes region of the US. The generally positive results have important implications for public policy and future research.
Edited by Giles Atkinson and Simon Dietz
This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be achieved. Twenty years on from the publication of the seminal Brundtland Report, it has become clear that formidable challenges confront policy makers who have publicly stated their commitment to the goal of sustainable development. The Handbook of Sustainable Development seeks to provide an account of the considerable progress made in fleshing out these issues.
Mixing Methods within Stated Preference Techniques
Neil A. Powe
This comprehensive volume explores the extent to which the challenges facing stated preference environmental valuation can be overcome through mixing methods. In redesigning stated preference, two approaches are considered: mixing methods within conventional stated preference; and then moving away from the conventional to explore the use of group methods within preference construction and forming a social consensus on willingness to pay. These approaches are assessed in the light of qualitative findings evaluating the applicability of environmental valuation.
European Practice and Experience
Edited by Clive George and Colin Kirkpatrick
Translation of the principle of sustainable development into policy and practice, and the evaluation of the outcomes of these strategic interventions, are some of the most pressing challenges facing policymakers in Europe and beyond. The chapters in this book contribute to the debate surrounding these challenges. By exploring the conceptual and methodological issues relating to the evaluation of sustainable development and analysing European practice and experience, this work provides a coherent and integrated contribution to our understanding of these issues.
Concepts, Evaluation and Applications
Edited by Uwe Schubert and Eckhard Störmer
Evaluating sustainable development is becoming increasingly important in policy making, evaluation practice and the scientific world in general. However, at present, there is neither a generally accepted set of measures and evaluation methods, nor specific standards to be met. Sustainable Development in Europe addresses these issues and presents an important and concise analysis of state-of-the-art sustainable development evaluation policies, programmes and projects currently at work in Europe.