Name: Benefit-Cost Analysis: A Political Economy Approach (en Inglés)
Price: 170520.00 CLP
Availability: InStock
Author: A. Allan Schmid
ISBN: 9780367003166

portada Benefit-Cost Analysis: A Political Economy Approach (en Inglés)

Formato

Libro Físico

Editorial

Routledge

Autor

A. Allan Schmid

Idioma

Inglés

N° páginas

376

Encuadernación

Tapa Dura

ISBN13

9780367003166

N° edición

Benefit-Cost Analysis: A Political Economy Approach (en Inglés)

A. Allan Schmid (Autor) · Routledge · Tapa Dura

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Reseña del libro "Benefit-Cost Analysis: A Political Economy Approach (en Inglés)"

Choice is the name of the game. Government sets the size of the public budget and decides which public projects it will invest in and which transfers and regulations it will implement. To do this systematically the government must have a procedure that displays the consequences of the alternatives. This book is an exposition of benefit-cost analysis (BCA), an analytic framework for organizing thoughts, listing the pros and cons of alternatives, and determining values for all relevant factors so that the alternatives can be ranked. A major question illuminated by this text is whether the results of such an analysis can instruct government--in the sense of telling it what it must do to avoid being labelled stupid, corrupt, irrational, and/or inefficient. How and when, we will ask, can the benefit-cost analyst label a particular governmental investment, policy, or regulation as political (in the pejorative sense) as opposed to economic (in the laudatory sense of being economically justified)? This book will argue that BCA is much like a consumer information system. Consumer information neither tells consumers what to do nor tells them what they should want. However, it does tell them which products will perform in selected ways and at what costs. And this information, together with the independently arrived at wants, helps the consumer make intelligent choices.