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Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Chapter Cost-Benefit Analysis Concepts and Practice.

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Presentation on theme: "Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Chapter Cost-Benefit Analysis Concepts and Practice."— Presentation transcript:

1 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Chapter Cost-Benefit Analysis Concepts and Practice Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer FOURTH EDITION How Accurate Is CBA? Twenty

2 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

3 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

4 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer Figure 20-1 Illustrative Probability Density Functions of the Present Value of Net Benefits at Time 0,Time t, and the Actual Net Benefits, NB T. Source: Anthony E. Boardman, Wendy L. Mallery, and Aidan R. Vining, “Learning from Ex Ante/Ex Post Cost-Benefit Comparisons: The Coquihalla Highway Example,” Socio-Economic Planning Sciences 28(2) 1994, 69–84. Reprinted with kind permission from Elsevier Science Ltd, The Boulevard, Langford Lane, Kidlington OX5 19GB, UK.

5 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

6 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

7 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

8 Copyright ©2011 by Pearson Education, Inc. Upper Saddle River, New Jersey 07458 All rights reserved. Cost-Benefit Analysis: Concepts and Practice, Fourth Edition Boardman Greenberg Vining Weimer

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