Cost-benefit analysis / edited by Richard Layard and Stephen Glaister.

Includes bibliographical references and index.

1. Shadow prices and markets: Policy reform, shadow prices and market prices / J. Dreze and N. Stern -- 2. Shadow prices and markets: Feasibility constraints: foreign exchange and shadow wages / A. K. Sen -- 3. Discount rates: The rate of discount for benefit-cost analysis and the theory of the second best / J. E. Stiglitz -- 4. Risk and uncertainty: Uncertainty and the evaluation of public investment decisions / K. J. Arrow and R. C. Lind -- 5. Income distribution: Allowing for income distribution / R. Layard and A. A. Walters -- 6. The costs and benefits of analysis: Project appraisal and planning twenty years on / I. M. D. Little and J. A. Mirrlees -- 7. Time savings: Research into the value of time / The MVA Consultancy et al -- 8. Safety and the saving of life: The theory of equalizing differences / S. Rosen -- 9. Safety and the saving of life: The economics of safety and physical risk / M. W. Jones-Lee --

10. The environment: The environment and emerging development issues / P. Dasgupta and K.-G. Maler -- 11. Exhaustible resources: Resource depletion, research and development and the social rate of discount / P. Dasgupta -- 12. Regulation and deregulation: Enhancing the performance of the deregulated air transportation system / S. A. Morrison and C. Winston -- 13. Pricing: Pricing and congestion: economic principles relevant to pricing roads / D. M. Newbery -- 14. Public transport: The allocation of urban public transport subsidy / S. Glaister -- 15. Health care: QALYs and the equity-efficiency tradeoff / A. Wagstaff -- 16. Infrastructure: Water vending activities in developing countries / D. Whittington, D. T. Lauria, D. A. Okun and X. Mu -- 17. The environment: Assessing the social rate of return from investment in temperate zone forestry / D. W. Pearce.