KEY BENEFIT:This authoritative, market-leading text is known for its consistent application of a nine-step framework for conducting or interpreting a cost-benefit analysis. Introduction to Cost-Benefit Analysis; Conceptual Foundations of Cost-Benefit Analysis; Economics Foundations of Cost-Benefit Analysis; Valuing Benefits and Costs in Primary Markets; Valuing Benefits and Costs in Secondary Markets; Discounting Benefits and Costs in Future Time Periods; Dealing with Uncertainty: Expected Values, Sensitivity Analysis, and the Value of Information; Option Price and Option Value; Existence Value; The Social Discount Rate; Predicting and Monetizing Impacts; Valuing Impacts From Observed Behavior: Experiments and Quasi-Experiments; Valuing Impacts from Observed Behavior: Direct Estimation of Demand Curves; Valuing Impacts from Observed Behavior: Indirect Market Methods; Contingent Valuation: Using Surveys to Elicit Information About Costs and Benefits; Shadow Prices from Secondary Sources; Shadow Prices: Applications to Developing Countries; Cost-Effectiveness Analysis; Distributionally Weighted Cost-Benefit Analysis; How Accurate is CBA? For program analysts and program managers.