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Principles and Practice of Cost–Benefit Analysis

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Cost-Benefit Studies of Natural Resource Management in Southeast Asia

Abstract

Cost–benefit analysis (CBA), or benefit–cost analysis (BCA) as it is often called, has a long history as a methodology for assessing the economic efficiency with which resources are used to support human wellbeing . Its theoretical origins lie in the foundations of welfare economics established by economists such as Hicks, Kaldor, Scitovsky and Little. This review of principles and practice focuses on the advantages and limitations of CBA and related methods in a developing country context. General guidelines are presented.

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Author information

Authors and Affiliations

  1. EEPSEA Resource Person and Independent Consultant, Whale Beach, NSW, Australia

    David James

  2. College of Forestry and Natural Resources, University of the Philippines Los Baños, Laguna, Philippines

    Canesio Predo

Authors
  1. David James
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  2. Canesio Predo
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Correspondence to David James .

Editor information

Editors and Affiliations

  1. Independent Consultant, Whale Beach, New South Wales, Australia

    David James

  2. Economy and Environment Program for Southeast Asia (EEPSEA), WorldFish, Laguna, Philippines

    Herminia A. Francisco

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James, D., Predo, C. (2015). Principles and Practice of Cost–Benefit Analysis. In: James, D., Francisco, H. (eds) Cost-Benefit Studies of Natural Resource Management in Southeast Asia. Springer, Singapore. https://doi.org/10.1007/978-981-287-393-4_2

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