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Cost-Benefit Analysis

Manning, Matthew


This chapter summarises the major steps used in CBA. It includes a discussion of incremental cost-comparison analysis, the optimal choice of programme and incremental cost-analysis. Nine steps are identified and described: (1) specifying alternatives, (2) deciding whose costs and benefits to include, (3) deciding what costs to count, (4) identifying impacts and selecting indicators, (5) predicting impacts over the lifetime of the proposal, (6) monetisation of costs and benefits, (7) discounting...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Book chapter
Book Title: Encyclopedia of Criminology and Criminal Justice
DOI: 10.1057/9781137588654_5


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