Readings:

In some cases, where the section of the readings is just one article or chapter, the detail is just a second copy of the main file (and this is noted).

• Required Readings, section 1: PDF
  • Gramlich, Chapter 1 (same as the above): PDF
• Optional Readings: section 1: PDF
  • Steiner, “The public sector and the public interest” (same as above): PDF
• Required Readings, Section 2: PDF
  • Layard, “Introduction" : PDF
  • Gramlich, Ch. 3: PDF
• Optional Readings, Section 2: PDF
  • Small, “Project Evaluation", in Gomez-Ibanez, Ch. 5 (same as above): PDF
• Required Readings, Section 3: PDF
  • Gramlich, Ch 6 : PDF
  • Broome, “Discounting the future” : PDF
• Optional Readings, Section 3: PDF
  • Sunstein and Rowell, “On discounting regulatory benefits” (same as above) : PDF
  • Zhuang et al : “Theory and practice ... ” : PDF
• Required Reading, Section 4
  • Gramlich, Ch. 4: PDF
  • Morey, “Confuser Surplus” : PDF
• Optional Reading, Section 4
  • Willig, “Consumer’s surplus” : PDF
• Required Reading, Section 5
  • Gramlich, Ch. 5: PDF
• Optional Readings, Section 5
  • Jones-Lee, “Safety and the saving of life" : PDF
  • MVA Consultancy : “Time savings” : PDF
• Required Readings, Section 6
  • Hartmann, “One thousand points of light” : PDF
  • Ballard and Fullerton : “Distortionary taxes” : PDF
• Optional Readings, Section 6
  • Fullerton, “Recent Estimates” : PDF
  • Hoen and Randall “Too many projects pass the benefit-cost test” : PDF
• Required Readings, Section 7
  • Gramlich, Ch 7 : PDF

Papers:

Papers referred to in our discussion of the property values approach to benefits estimation:

• Kohlhase, in J. Urban Economics 30, (1991) PDF
• Nelson et al, in Land Economics 68:4 (1992) PDF
• Hamilton and Schwann, in Land Economics 71:4 (1995) PDF
• Kiel, in Land Economics 71:4 (1995) PDF