It takes the average reader 1 hour and 40 minutes to read Cost-Benefit Analysis by Per-Olov Johansson
Assuming a reading speed of 250 words per minute. Learn more
This Element on cost-benefit analysis provides a summary of recent theoretical and empirical developments and summarizes state-of-the-art stated-preference and revealed-preference valuation methods. The Element discusses how to assess small (or marginal) as well as large (or non-marginal) projects that have a significant impact on prices and/or other economic variables. It also discusses distortions like taxes, market power, and sticky prices. In addition, risk/uncertainty is considered. A novel feature is the elaboration on flexible evaluation rules for reasonably small projects. Conventional point-estimates of projects should be used with care, because they typically give biased results.
Cost-Benefit Analysis by Per-Olov Johansson is 100 pages long, and a total of 25,000 words.
This makes it 34% the length of the average book. It also has 31% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 16 minutes to read Cost-Benefit Analysis aloud.
Cost-Benefit Analysis is suitable for students ages 10 and up.
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