Cost – Benefit Analysis

  • Introduction to Cost-Benefit Analysis
  • Primary and Secondary Markets
  • Discounting Benefits and Costs in Future Time Periods
  • The Social Discount Rate
  • Dealing with Uncertainty: Expected Value, Sensitivity Analysis, and the Value of Information
  • Option Price and Option Value
  • Valuing Impact from Observed Behavior: Direct Estimation of Demand Curves
  • Valuing Impacts from Observed Behavior: Indirect Market Methods
  • Existence Value
  • Contingent Valuation: Using Surveys to Elicit Information
  • Shadow Prices from Secondary Sources
  • Cost-Effectiveness Analysis
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