This paper presents a methodology to integrate cost-benefit analysis and SAM-CGE-based impact evaluation. While the two types of analysis have developed in parallel and without a clear connection, there is growing consensus that the two approaches should be integrated for complex investment...

Consistent with real option theory, the authors argue that the value of the Employment Guarantee Scheme (EGS) in rural India and its impact on workers' behavior does not depend so much on its income supplementation as on enlargement of opportunities in the uncertain local labor market. The...

This book surveys and discusses some of the main theoretical issues raised by adaptation to climate changes and describes in detail an empirical case study on the metrics and the estimates of related costs and benefits. The book argues that a basic distinction should be made between adaptation...