cost benefit analysis for public sector decision makers

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Cost Benefit Analysis For Public Sector Decision Makers

Author : Diana Fuguitt
ISBN : 1567202225
Genre : Business & Economics
File Size : 64. 67 MB
Format : PDF
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A unique presentation of the basics that are needed to understand cost-benefit analysis and put it to immediate use.

Rush To Policy

Author : Peter William House
ISBN : 1412833531
Genre : Political Science
File Size : 25. 86 MB
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Rush to Policy explores the appropriate role of technical analysis in policy formation. The authors ask when and how the use of sophisticated analytic techniques in decision making benefits the nation. They argue that these techniques are too often used in situations where they may not be needed or understood by the decision maker; where they may not be able to answer the questions raised but are nonetheless required by the law. House and Shull provide an excellent empirical base for describing the impact of politics on policies, policy analysis, and policy analysts. They examine cost benefit analysis, risk analysis, and decision analysis, and assess their ability to substitute for the current decision making process in the public sector. They examine the political basis of public sector decision making, how individuals and organizations make decisions, and the ways decisions are made in the federal sector. Also they discuss the mandate to use these methods in the policy formulation process. The book is written by two practicing federal policy analysts who, in a decade of service as policy researchers, developed sophisticated quantitative analytic and decision-making techniques. They then spent several years trying to use them in the real world. Successes and failures are described in illuminating detail, providing insight not commonly found in such critiques. The authors delineate the interaction of politics and technical issues. Their book describes policy analysis as it is, not how it ought to be. Peter W. House is director of policy research and analysis, National Science Foundation. He is the author of ten books on multidisciplinary science and technology policy research and analyses in government, private, and university sectors including The Art of Public Policy, and with Roger D. Shull, Regulatory Reform: Politics and the Environment, and Regulations and Science: Management of Research on Demand. Roger D. Shull is senior analyst Division of Policy and Analysis, National Science Foundation.

Cost Benefit Analysis

Author : Tevfik F. Nas
ISBN : 9781498522519
Genre : Business & Economics
File Size : 23. 27 MB
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Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volume carries the reader through the steps of a typical evaluation process, including the identification, measurement, and comparison of costs and benefits, and project selection. Topics include alternative measures of welfare change, such as the concepts of consumer surplus and compensating and equivalent variation measures, shadow pricing, nonmarket valuation techniques of contingent valuation and discrete choice experiment, perspectives on what constitutes a theoretically acceptable discount rate, the social rate of time preference, income distribution, and much more. The book also focuses on real-world applications of cost-benefit analysis in two closely related areas—environment and health care—followed by an examination of the current state of the art in cost-benefit analysis as practiced by international agencies.

The Rush To Policy

Author : Peter William House
ISBN : 1412831059
Genre : Political Science
File Size : 37. 51 MB
Format : PDF, Mobi
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Rush to Policy explores the appropriate role of technical analysis in policy formulation. The authors ask when and how the use of sophisticated analytic techniques in decision-making benefits the nation. They argues that these techniques are too often used in situations where they may not be needed or understood by the decision maker, where they may not be to answer the questions raised but are nonetheless required by law. House and Shull provide an excellent empirical base for describing the impact of politics on policies, policy analysis, and policy analysts. They examine cost-benefit analysis, risk analysis, and decision analysis and assess their ability to substitute for the current decision-making process in the public sector. They examine the political basis of public sector decision-making, how individuals and organizations make decisions, and the ways decisions are made in the federal sector. Also, they discuss the mandate to use these methods in the policy formulation process. The book is written by two practicing federal policy analysts who, in a decade of service as policy researchers, developed sophisticated quantitative analytic and decision-making techniques. They then spent several years trying to use them in the real world. Success and failures are described in illuminating detail, providing insight not commonly found in such critiques. The authors delineate the interaction of politics and technical issues. Their book describes policy analysis as it is, not how it ought to be. Peter W. House is the director of policy research and analysis at the National Science Foundation. He is the author of ten books on multidisciplinary science and technology policy research and analyses in government, private, and university sectors, including The Art of Public Policy Analysis and with Roger D. Shull, Regulatory Reform: Politics and the Environment and Regulations and Science: Management of Research on Demand. Roger D. Shull is a senior analyst at the Division of Policy Research and Analysis, National Science Foundation.

Cost Benefit Analysis

Author : Euston Quah
ISBN : 9781136621208
Genre : Business & Economics
File Size : 61. 53 MB
Format : PDF, ePub
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Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme, often of a social nature and for society as a whole. CBA is fundamental to government decision-making and can be an effective tool for informed decisions on the use of society's scarce resources. This book highlights the main concepts and principles of cost-benefit analysis used in real life cases and actual applications. The book contains rich cases, materials and examples of real life CBA applications with emphasis both on physical and non-physical projects and infrastructure developments in Asia and beyond. The book also discusses techniques frequently used in applied CBA. The first part of the book introduces the key concepts and principles of CBA before Part Two covers some pertinent issues relating to CBA, such as the recent trend of using behavioural economics and frequently used techniques in applied CBA. Finally, in Part Three, case studies are written up to illustrate how CBA is done, and questions for the readers and students to ponder are raised at the end of each chapter. The scope of the case studies is more than just physical infrastructures but will include public sector policies and programmes covering a host of social policies as in health, education, social welfare programmes, and the environment. For each case, there will be illustrations of the key concepts and principles of CBA used. Undertakings analyzed include: the Three Gorges Dam in China the 2008 Beijing Olympics the Costs of Global Warming the Jamuna Bridge in Bangladesh The case studies, many of which have taken or are to take place in developing countries provide a rich background to the principles of the method, and are accompanied by a wealth of explanatory material. As well as being suitable for courses in Cost-Benefit Analysis, Public Finance, Environmental and Health Economics, the book should be of interest to all public policy decision makers and planners.

Health Economics And Policy

Author : James W. Henderson
ISBN : 9781337668279
Genre : Business & Economics
File Size : 41. 85 MB
Format : PDF
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Thoroughly examine how microeconomic principles apply to health care delivery and its policies with HEALTH ECONOMICS AND POLICY, 7E. Readers explore the changing nature of health care, the social and political sides of issues, and the uncertainty surrounding the future of health care delivery and finance as the U.S. transitions from Obamacare to Trumpcare. Readers also learn to analyze public policy from an economic perspective. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

Evidence For Policy And Decision Making

Author : George Argyrous
ISBN : 9780868409030
Genre : Political Science
File Size : 69. 83 MB
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The need to base policy on evidence has placed pressure on decision-makers to support proposals with well-grounded research and information. However, no practical guide with a focus on public sector policy and decision-making for doing this exists. This edited text fills the gap by providing a practical and comprehensive manual for people working in policy areas. It is aimed at practitioners with little or no experience in research and analysis but who require skills in managing, assessing and critically evaluating evidence use in the public sector. This first part of the book covers a range of broad frameworks within which evidence is used to arrive at decisions. These include evaluation, cost-benefit analysis, multi-criteria analysis, economic modelling and forecasting, and scenario planning and futures analysis. The second part of the book then discusses the specific methods used to gather and analyse evidence within these frameworks, including secondary data sources, sample surveys, and qualitative and quantitative data analysis. The emphasis throughout is not on technical knowledge, but critical understanding. George Argyrous is Senior Lecturer in the School of Social Sciences and International Studies at the University of New South Wales, Australia, and is an Adjunct Faculty member of the Australia and New Zealand School of Government.

Cost Benefit Analysis Of Residential Fire Sprinklers

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ISBN :
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File Size : 65. 23 MB
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Military Cost Benefit Analysis

Author : Francois Melese
ISBN : 9781317531715
Genre : Business & Economics
File Size : 79. 34 MB
Format : PDF
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This is the first comprehensive book on Military Cost-Benefit Analysis and provides novel approaches to structuring cost-benefit and affordability analysis amidst an uncertain defense environment and cloudy fiscal prospects. Lifting the veil on military Cost-Benefit Analysis, this volume offers several new practical tools designed to guide defense investments (and divestments), combined with a selection of real-world applications. The widespread employment of Cost-Benefit Analysis offers a unique opportunity to transform legacy defense forces into efficient, effective, and accountable 21st century organizations. A synthesis of economics, statistics and decision theory, CBA is currently used in a wide range of defense applications in countries around the world: i) to shape national security strategy, ii) to set acquisition policy, and iii) to inform critical investments in people, equipment, infrastructure, services and supplies. As sovereign debt challenges squeeze national budgets, and emerging threats disrupt traditional notions of security, this volume offers valuable tools to navigate the political landscape, meet calls for fiscal accountability, and boost the effectiveness of defense investments to help guarantee future peace and stability. A valuable resource for scholars, practitioners, novices and experts, this book offers a comprehensive overview of Military Cost-Benefit Analysis and will appeal to anyone interested or involved in improving national security, and will also be of general interest to those responsible for major government programs, projects or policies.

Applied Cost Benefit Analysis Second Edition

Author : Robert J. Brent
ISBN : 9781847204141
Genre : Business & Economics
File Size : 90. 16 MB
Format : PDF
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Acclaim for first edition: The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of theoretical and assumptions. Moreover, they are presented in an accessible amethodologicalnd attractive way. For those who know already the principles of CBA, these applications are stimulating and enjoyable reading. Erik Schokkaert, Tijdschrift voor Economie en Management This fully updated new edition continues in the vein of its predecessor by viewing cost benefit analysis as applied welfare economics, while at the same time building on the earlier framework by extending the theory and providing further applications in each chapter. New for this edition are analyses of theory related applications in mental health, condom social marketing programs, female primary education as a means of preventing HIV/AIDS and the pricing of natural gas. Presented in an integrated manner, the theoretical concepts are constructed around the main building blocks of CBA, such as shadow pricing, distribution weights, the social discount rate and the marginal cost of public funds. This edition will cement the book s place as a major and accessible text in the field and will be of great interest to graduate and undergraduate students of welfare economics and microeconomic theory, as well as government economists involved with any area of public policy.

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