Book review: Cost-Benefit Analysis

This book, Cost Benefit Analysis: Concepts and Practice (3rd Edition), by Anthony Boardman et al. is a heavy read. It is not a book you would want to read from A to Z in order to understand Cost-Benefit Analysis or CBA, but it is one of the better reference books I have found. The only downside I found was a very theoretical approach and lack of really useful examples. Nevertheless, not one element of CBA seems to be left untouched. This book is a valuable reference to anyone relying on CBA as a decision-making tool, because it will assist you in understanding what it is that you are analyzing when applying CBA.

An alternative?

This book is rather heavy. If you’re looking for a lighter version, I suggest Cost-Benefit Analysis: Theory and Application by Tefvik Nas.

Reference

Boardman, A. et al. (2005). Cost-Benefit Analysis – Concepts and Practice. Prentice Hall.



Author link

Posted in BOOKS and BOOK CHAPTERS
Tags: ,

ARTICLES and PAPERS
What is Freight Transportation System Resilience?
Resilience is the new buzzword in Supply Chain Management, and has slowly trickled into transportati[...]
Visualizing the risk of global sourcing
The benefits of global sourcing as part of a firm’s purchasing strategy have been widely discussed i[...]
BOOKS and BOOK CHAPTERS
Book Review: Logistics and Supply Chain Management
This book by Martin Christopher, Logistics & Supply Chain Management, is one of the better if [...]
Book Review: Security Risk Management - Body of Knowledge
A Wiley book rarely lets you down, and this one doesn't either. With a refreshing Australian touch, [...]
REPORTS and WHITEPAPERS
Global Resilience Index
The 2015 FM Global Resilience Index provides an annual ranking of 130 countries and territories acco[...]
28 Global Risks in 2015
The  World Economic Forum Global Risks Reports. I first came across them in 2008, when the hyperopti[...]