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Cost-Benefit Analysis: A Survey

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Surveys of Economic Theory

Abstract

The order of discussion in this survey article will be as follows: in I we shall outline the development and scope of the subject in general terms; II will be concerned with general principles; in III we shall survey particular applications of cost-benefit techniques, examining the uses made of them in a variety of fields—water-supply projects, transport, land usage, health, education, research, etc. We shall proceed to a general summing up in IV, and conclude with a bibliography.

The authors are indebted to M. E. Beesley, J. L. Carr, O. Eckstein, M.J. Farrell, M. S. Feldstein C. D. Foster, R. N. McKean, E. Mishan, A. T. Peacock, M. H. Peston and C. S. Shoup for most valuable comments and suggestions on an earlier draft.

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© 1966 The Royal Economic Society and the American Economic Association

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Prest, A.R., Turvey, R. (1966). Cost-Benefit Analysis: A Survey. In: Surveys of Economic Theory. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-00210-8_5

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