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Cost-Benefit Analysis

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Date

2014

Authors

Manning, Matthew

Journal Title

Journal ISSN

Volume Title

Publisher

Springer New York

Abstract

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 costs and benefits for present values, (8) computation of net present value, and (9) production of sensitivity analysis.

Description

Keywords

Citation

URI

http://hdl.handle.net/1885/21109

Collections

ANU Research Publications

Source

Type

Book chapter

Book Title

Encyclopedia of Criminology and Criminal Justice

Entity type

Access Statement

License Rights

DOI

10.1057/9781137588654_5

Restricted until

2099-12-30

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Description
Cost-Benefit Analysis.pdf (6.72 MB)

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