The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Project Evaluation

  • Partha Dasgupta
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1471

Abstract

For a private commercial entrepreneur choice among alternative investment projects involves in principle a rather simple exercise. If he knows his own objectives, which would seem a reasonable assumption, all he has to do is to ascertain which projects satisfy his objectives best. For example, he may be interested solely in commercial profits; in which case commercial profitability – adjusted possibly for risk – is his criterion of choice.

This is a preview of subscription content, log in to check access

Bibliography

  1. Ahmad, Y.J., P. Dasgupta, and K.G. Maler (eds.). 1984. Environmental decision making, vol. II. London: Hodder & Stoughton.Google Scholar
  2. Arrow, K.J. 1951. An extension of the basic theorems of classical welfare economics. In Proceedings of the second Berkeley symposium on mathematical statistics and probability, ed. J. Neyman. Berkeley: University of California.Google Scholar
  3. Arrow, K.J. 1971. Political and economic estimation of social effects of externalities. In Frontiers of quantitative economics, vol. 1, ed. M. Intriligator. Amsterdam: North-Holland Publishing Company.Google Scholar
  4. Arrow, K.J., and M. Kurz. 1970. Public investment, the rate of return and optimal fiscal policy. Baltimore: Johns Hopkins Press.Google Scholar
  5. Blitzer, C., P. Dasgupta, and J.E. Stiglitz. 1981. Project appraisal and foreign exchange constraints. Economic Journal 91: 58–74.CrossRefGoogle Scholar
  6. Dasgupta, P. 1972. A comparative analysis of the UNIDO guidelines and the OECD manual. Bulletin of the Oxford University Institute of Economics and Statistics 34(1): 33–57.CrossRefGoogle Scholar
  7. Dasgupta, P. 1982. The control of resources. Oxford: Basil Blackwell.Google Scholar
  8. Dasgupta, P., and G.M. Heal. 1979. Economic theory and exhaustible resources. Cambridge: Cambridge University Press.Google Scholar
  9. Dasgupta, P., and J.E. Stiglitz. 1972. On optimal taxation and public production. Review of Economic Studies 39(1): 87–103.CrossRefGoogle Scholar
  10. Dasgupta, P., and J.E. Stiglitz. 1974. Benefit-cost analysis and trade policies. Journal of Political Economy 82: 1–33.CrossRefGoogle Scholar
  11. Dasgupta, P., S. Marglin, and A. Sen. 1972. Guidelines for project evaluation. New York: United Nations.Google Scholar
  12. Debreu, G. 1959. Theory of value. New York: Wiley.Google Scholar
  13. Diamond, P.A., and J.A. Mirrlees. 1971. Optimal taxation and public production: Parts I and II. American Economic Review 61: 8–27, 261–278.Google Scholar
  14. Diamond, P.A., and J.A. Mirrlees. 1976. Private constant returns and public shadow prices. Review of Economic Studies 43: 41–47.CrossRefGoogle Scholar
  15. Dorfman, R., et al. 1962. Design of water resource systems. Cambridge, MA: Harvard University Press.Google Scholar
  16. Freeman, A.M. 1979. The benefits of environmental improvement: Theory and practice. Baltimore: Johns Hopkins Press.Google Scholar
  17. Green, J., and J.-J. Laffont. 1977. Characterization of satisfactory mechanisms for the revelation of preferences for public goods. Econometrica 45: 427–438.CrossRefGoogle Scholar
  18. Groves, T., and J. Ledyard. 1977. Optimal allocation of public goods: A solution to the free-rider problem. Econometrica 45: 783–810.CrossRefGoogle Scholar
  19. Hammond, P.J. 1980. Cost-benefit analysis as a planning procedure. In Contemporary economic analysis, vol. 2, ed. D.A. Currie and W. Peters. London: Croom Helm.Google Scholar
  20. Hansen, R. 1978. A guide to the guidelines. New York: United Nations.Google Scholar
  21. Helmers, F.L.C.H. 1979. Project planning and income distribution. London: Martinus Nijhoff.CrossRefGoogle Scholar
  22. Koopmans, T.C. (ed.). 1951. Activity analysis of production and allocation, Cowles Foundation monograph, no. 13. New York: Wiley.Google Scholar
  23. Koopmans, T.C. 1957. Three essays on the state of economic science. New York: McGraw-Hill.Google Scholar
  24. Lind, R. (ed.). 1982. Discounting for time and risk in energy policy. Baltimore: Johns Hopkins Press.Google Scholar
  25. Little, I.M.D., and J.A. Mirrlees. 1969. Manual of industrial project analysis in developing countries. Paris: OECD.Google Scholar
  26. Little, I.M.D., and J.A. Mirrlees. 1974. Project appraisal and planning for developing countries. London: Heinemann.Google Scholar
  27. Little, I.M.D., and M.F.G. Scott (eds.). 1976. Using shadow prices. London: Heinemann.Google Scholar
  28. Mäler, K.-G., and R.E. Wyzga. 1976. Economic measurement of environmental damage. Paris: OECD.Google Scholar
  29. Meade, J.E. 1951. The theory of international economic policy. Vol. I: The balance of payments. London: Oxford University Press.Google Scholar
  30. Meade, J.E. 1955. Trade and welfare. Oxford: Oxford University Press.Google Scholar
  31. Mirrlees, J.A. 1972. On producer taxation. Review of Economic Studies 39(1): 105–111.CrossRefGoogle Scholar
  32. Portes, R. 1971. Decentralized planning procedures in centrally planned economies. American Economic Review, Papers and Proceedings 61: 422–429.Google Scholar
  33. Samuelson, P.A. 1954. The pure theory of public expenditure. Review of Economics and Statistics 36: 387–389.CrossRefGoogle Scholar
  34. Squire, L., and H. Van der Tak. 1975. Economic analysis of projects. Baltimore: Johns Hopkins Press.Google Scholar
  35. Tinbergen, J. 1956. Economic policy: Principles and design. Amsterdam: North-Holland.Google Scholar
  36. Weitzman, M. 1970. Optimal growth with scale economies in the creation of overhead capital. Review of Economic Studies 37: 555–570.CrossRefGoogle Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Partha Dasgupta
    • 1
  1. 1.