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.

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