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"This book is a collection of insights from experts of various fields, and will entail discussions of the recurring haze problem in Southeast Asia. It discusses multiple aspects of the haze problem. What is the cause of the haze? Who are the perpetrators and victims? What are the impacts and costs of the haze? Why has the haze problem persisted for decades? Are there prospects of resolving the pollution? How should we analyze the issue? Which solutions are more or less effective than others? How can we involve the stakeholders? The book provides a wide range of views on the haze problem. Written in a simple and accessible manner, this book allows the readers to easily access across different fields and develop a deeper understanding of the haze."--

"This book is a collection of key insights from 50 iconic individuals of Singapore and beyond, and contains reasoned arguments, speculations and visionary expectations of Singapore's future in 50 years' time. The book discusses the distant future of Singapore's economy and the environment. What will Singapore's economic and environment landscape be like 50 years from now? Are there trends or scenarios common to the various discussions contained in this book? If there are, how big would be the impact of some of these trends? What and how should the government respond to these projections, expectations and informed visions of tomorrow? In sum, what would Singapore's economy and environment be like in 2065? The book explores a range of possible answers to these questions and more"--

AbstractMany developing projects include proposals for the construction of certain kinds of facilities that would provide useful services to the general community. Facilities such as sewage treatment plants, transmission stations, public utilities, nuclear power stations and airports are, by general consensus, necessary for development and growth. However, there is little doubt that the residents living near these facilities would suffer from their negative external effects. The purpose of this paper is to discuss and highlight the problem of siting an environmentally noxious facility. The paper presents the characteristics of such a facility, examines current conflict‐resolution instruments and emphasizes the importance of valuing intangibles, including option values in environment impact assessments. Finally, it offers some general considerations for establishing a compensation package for local residents, including two alternative compensation mechanisms to effect payment. Based in large part on cost‐benefit analysis, a set of efficiency and equity criteria to screen compensation claims is presented.

Abstract. Three problems continue to plague household production researchers: definition of household production, method of dealing with joint‐production activities and the appropriate valuation of household production. Each of these problems is analyzed and ways of resolving it suggested. Particular attention is paid to the valuation question. It is shown here that the appropriate method of valuation is one which is consistent with economic theory. This, in turn, will depend critically on the purpose of valuation.

Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme, often of a social nature and for society as a whole. CBA is fundamental to government decision-making and can be an effective tool for informed decisions on the use of society's scarce resources. This book highlights the main concepts and principles of cost-benefit analysis used in real life cases and actual applications. The book contains rich cases, materials and examples of real life CBA applications with emphasis both on physical and

Cost-benefit analysis (CBA) is the systematic and analytical process of comparing benefits and costs in evaluating the desirability of a project or programme, often of a social nature and for society as a whole. CBA is fundamental to government decision-making and can be an effective tool for making informed decisions on the use of society's scarce resources. This book highlights the main concepts and principles of cost-benefit analysis used in real life cases and actual applications. It contains rich case study material and examples of real life CBA applications with the emphasis on both physical and non-physical projects and infrastructure developments in Asia and beyond. The book also discusses techniques frequently used in applied CBA. Part I of the book introduces the historical background and theory of CBA. Part II presents frequently discussed theories and topics in CBA, including commonly used techniques in applied CBA. Part III introduces new applications in CBA, such as the recent trend of using behavioural economics. Finally, In Part IV, case studies illustrate how CBA is applied in real life. Questions for the readers and students to ponder are raised at the end of each chapter in this final section.