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Basic Cost Benefit Analysis for Assessing Local Public Projects, Second Edition by Maryann O. Keating, Barry P. Keating

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CHAPTER 7

Introducing Cost Benefit Analysis to the Nonspecialist

When those difficult cases occur, they are difficult, chiefly because while we have them under consideration, all the reasons pro and con are not present to the mind at the same time; but sometimes one set present themselves, and at other times another, the first being out of sight. Hence the various purposes or inclinations that alternately prevail, and the uncertainty that perplexes us. To get over this, my way is to divide half a sheet of paper by a line into two columns; writing over the one Pro, and over the other Con.

—Benjamin Franklin (1772)

Chapter 7 Preview

When you have completed reading this chapter you will:

be directed to existing cost benefit analysis (CBA) reference ...

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