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There are both similarities and differences between conducting cost-benefit analysis in developed and developing countries . While the fundamental principles and theory underlying cost-benefit analysis maybe the same , the methodologies and the estimation techniques that are most appropriate in...

The negative health effects of smoking are substantial and well documented. There are, however, few studies that focus on another aspect of the costs of smoking, namely its impact on productive activities, specifically in terms of productivity loss as a result of smoking. Previous economic...

When future cash flows and the lives of capital projects are known, the optimal solution is usually one of choosing the project that maximizes net present value of future returns on the project. In many situations, however, the information needed for cost-benefit analysis is not known with...

This paper focusses narrowly on three areas of public policy concerning the environment deemed necessary for sustainable economic growth. It has relevance to Asian nations as they continue to demand for higher growth and at the same time keeping environmental degradation in check. The three...

In this paper we study the effects of increasing family wealth on the number of divorce cases in a society. We assume that, when one party of a married couple seeks for divorce, the physical family wealth is equally divided between the homemaker and the breadwinner according to the Law. Through...