COST-BENEFIT ANALYSIS AND ECONOMIC THEORY JACQUES LESOURNE Chairman of the Board of Metra International Translation by MRS. A. SILVEY <C1,^ 1975 NORTH-HOLLAND PUBLISHING COMPANY - AMSTERDAM OXFORD AMERICAN ELSEVIER PUBLISHING COMPANY, INC. - NEW YORK Contents Introduction to the series vii 1. Introduction 1 PARTI Theory of cost-benefit analysis 2. 3. 4. 5. 6. 7. Some basic concepts The analysis of marginal and structural transformations The introduction of taxation The comparison of growth programmes The introduction of uncertainty as to the future Information cost and decision cost 11 27 77 109 149 199 PART II Applications of cost-benefit analysis 8. 9. 10. 11. 12. 13. 14. 15. The industrial sector The transport sector Urban planning Location of industry and the use of land Public health Education General administration Conclusion 233 263 307 341 387 423 449 487 Bibliography 495 Index 517
