This text offers a mixture of theory and practice of social cost-benefit analysis--for students with a background in economics at an intermediate level as well as professionals seeking the
intellectual underpinnings of their activities, and a serious general readership. Coverage encompasses the role of government and social welfare functions; two fundamental welfare theorems
reexamined in light of limited usefulness for evaluating policies and projects; shadow prices; the social cost of goods, labor, and capital; and international evaluation practices, among other
topics. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)
