Cost-Benefit Analysis of Environmental Change

This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature, deriving sets of rules that can be used to assess the social benefits and costs of private and public sector projects that affect the environment. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.