Public Policy

This book contains a concise, simple, yet precise discussion of externalities, public goods and insurance. Rooted in the first fundamental theorem of welfare economics and in noncooperative equilibrium, it employs elementary calculus. Th...

A comprehensive introduction to benefit-cost analysis for students as well as practitioners Benefit–cost analysis (BCA) is the best technique for analyzing proposed or previously enacted projects to determine whether undertaking them is...

‘Its comprehensiveness is a major achievement in such a diffuse and broad subject.’ – Peter John, West European Politics ‘The wide sweep of the book, with its extensive bibliography, would prove to be very helpful to students and resear...