Cost and Optimization in Government

By Aman Khan | Go to book overview

analysis, have been extensively used in government for all kinds of projects and programs. As an evaluative method, benefit-cost analysis is not difficult to use, provided that one has information on benefits and costs that can be expressed in precise monetary terms. Where monetary measures are not available, it is possible to use surrogates or proxies, but defining surrogates that will accurately measure the benefits and costs of a project is a difficult exercise. The alternative is to use methods, such as cost-effectiveness analysis, which do not have some of these problems that are inherent in benefit-cost analysis.


Notes
1.
W. Rautenstrausch, Economics of Business Enterprise. New York, NY: John Wiley and Sons, 1939.
2.
M. S. Thompson, Benefit-Cost Analysis for Program Evaluation. Beverly Hills, CA: Sage Publications. Fourth printing, 1982: 1-2.
3.
E. J. Mishan, Introduction to Normative Economics. New York, NY; Oxford University Press, 1981.
4.
E. M. Gramlich, Benefit-Cost Analysis of Government Programs. Englewood Cliffs, NJ: Prentice-Hall, 1981: 98-100.
5.
R. F. Mikesell, The Rate of Discount for Evaluating Public Pojects. Washington, DC: American Enterprise Institute for Studies in Economic Policy, 1977.
6.
R. Dornbusch and S. Fisher, Macroeconomics. New York, NY: McGraw-Hill Publishing Company, 1990: 149-157.
7.
E. S. Quade, Analysis for Public Decisions. New York, NY: North Holland, 1982: 207-210.

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Cost and Optimization in Government
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Preface ix
  • Acknowledgments xii
  • Chapter 1 Basic Cost Concepts 1
  • Chapter 2 Cost Behavior 23
  • Notes 59
  • Chapter 3 Cost Analysis 60
  • Notes 105
  • Chapter 4 Cost Accounting 106
  • Notes 146
  • Chapter 5 Classical Optimization 148
  • Chapter 5 Classical Optimization 148
  • Notes 190
  • Chapter 6 Network Analysis 191
  • Notes 213
  • Chapter 7 Mathematical Programming 215
  • Notes 251
  • Chapter 8 - Games and Decisions 253
  • Notes 279
  • Chapter 9 Multicriteria Analysis 281
  • Chapter 9 Multicriteria Analysis 281
  • Notes 305
  • Chapter 10 Productivity Measurement 346
  • Chapter 11 Quality Control 348
  • Notes 373
  • Chapter 12 Besides Cost and Optimization 375
  • Notes 381
  • Bibliography 383
  • Index 389
  • About the Author 395
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