eBook - ePub

Applied Welfare Economics

Name: Applied Welfare Economics
Author: Massimo Florio,Chiara Pancotti

Cost-Benefit Analysis of Projects and Policies

Massimo Florio,

Chiara Pancotti,

324 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Applied Welfare Economics

Cost-Benefit Analysis of Projects and Policies

Massimo Florio,

Chiara Pancotti,

About this book

Applied Welfare Economics: Cost-Benefit Analysis for Project and Policy Evaluation presents a consistent framework for applied welfare economics and is grounded in a comprehensive theory of cost-benefit analysis, specifically focused on offering a practical approach to policy and project evaluation. After opening with a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduces readers to an applied framework. This includes the empirical estimation of shadow prices of goods, the social cost of labour and capital, and the assessment of risk. The book also examines real-life experiences with cost-benefit analysis, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation. These chapters draw on first-hand research gained by the author team from years of advisory work for the European Commission and other international and national institutions. This second edition presents updated data, more international examples, and more coverage of topics such as very long run discounting effects and climate change as an intergenerational effect. It also includes more practical examples and end-of-chapter questions to aid student's learning. Applied Welfare Economics is a valuable textbook for upper-level courses on welfare economics, cost-benefit analysis, public policy analysis and related areas.

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Yes, you can access Applied Welfare Economics by Massimo Florio,Chiara Pancotti in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.