Fuguitt and Wilcox skillfully guide analysts, public sector managers, and students of decision-making through
a full range of the essential steps to perform, interpret, and assess cost-benefit analysis. Their book shows how
to grasp the principles of cost-benefit analysis and several related economic valuation methods, how to apply them
in undertaking an objective analysis, and how to use the analysis as a decision-making tool across a wide range
of fields and applications. An extensive knowledge of economic theory, calculus or advanced graphical analysis
is not needed to understand the principles or techniques. Accessible to those who understand basic algebra and
have a beginner's hold on statistics, the book also provides a bridge to the more advanced literature in economics
and to other analyses used to perform sophisticated valuations. A unique, much-needed presentation of all that
is required to gain an immediate, useful understanding of the topic.