Cost benefit analysis and the environment further developments and policy use / Giles Atkinson, Nils Axel Braathen, Ben Groom and Susana Mourato.

Author/creator Atkinson, Giles, 1969-
Format Electronic
Publication InfoParis : OECD, 2018.
Description454 pages : illustrations (color), charts ; 28 cm
Supplemental ContentFull text available from OECD Global
Subjects

Other author/creatorBraathen, Nils Axel.
Other author/creatorGroom, Ben.
Other author/creatorMourato, Susana.
Other author/creatorPearce, David W. (David William) Preceded by (work): Cost-benefit analysis and the environment.
Other author/creatorOrganisation for Economic Co-operation and Development.
Other author/creatorOrganisation for Economic Co-operation and Development.
Abstract "This book explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the deliberate aim of environmental improvement or are actions that affect, in some way, the natural environment as an indirect consequence. It builds on the previous OECD book by David Pearce et al. (2006), which took as its starting point that a number of developments in CBA, taken together, altered the way in which many economists would argue CBA should be carried out and that this was particularly so in the context of policies and projects with significant environmental impacts. It is a primary objective of the current book not only to assess more recent advances in CBA theory but also to identify how specific developments illustrate key thematic narratives with implications for practical use of environmental CBA in policy formulation and appraisal of investment projects. Perhaps the most significant development is the contribution of climate economics in its response to the challenge of appraising policy actions to mitigate (or adapt to) climate change. Work in this area has increased the focus on how to value costs and benefits that occur far into the future, particularly by showing how conventional procedures for establishing the social discount rate become highly problematic in this intergenerational context and what new approaches might be needed. The contribution of climate economics has also entailed thinking further about uncertainty in CBA, especially where uncertain outcomes might be associated with large (and adverse) impacts"--Page 4 of cover.
Bibliography noteIncludes bibliographical references.
Access restrictionAvailable only to authorized users.
Other formsAlso published electronically.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2018423724
ISBN9789264085152 (paperback)
ISBN9264085157
ISBNPDF
ISBNHTML
ISBNepub

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