Benefit-cost analysis (BCA) is frequently applied to decisions involving public safety which requires analyzing risk and assessing options to manage risks. Principles and standards may assist analysts, decision-makers, and the public in developing and interpreting such BCAs. Principles and...

We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost...

1. An assessment of important issues concerning the application of benefit-cost analysis to social policy / Aidan R. Vining and David L. Weimer -- 2. Toward standardization of benefit-cost analysis of early childhood interventions / Lynn A. Karoly -- 3. Principles and standards for benefit-cost...

Contents: Preface: Teaching benefit-cost analysis -- Part I: The big picture -- 1. Decision rules / William K. Bellinger -- 2. Triangles and all that / Arnold C. Harberger -- 3. Defining the baseline / Charles Griffiths and Chris Dockins -- 4. The concept of standing in benefit-cost analysis /...