Benefit-cost analysis as applied to insect pest control programs

A benefit-cost outline designed to evaluate the social value of on-going and proposed forest insect control programs is presented. Chapter two briefly discusses some economic concepts used in benefit-cost analysis. Those discussed are: consumer's surplus, social discount rate, shadow prices, characteristics of social costs, characteristics of social benefits, external effects, and risk and uncertainty. Chapters three and four discuss, respectively, the identification and measurement of social costs and benefits. Chapter five discusses the relative merits of using present net worth and the internal rate of return in evaluating pest control programs. It also discusses decision criteria under different circumstances. Finally, in chapter six, the advantages and disadvantages of benefit-cost analysis are discussed.

Name thesis:degree_name

Master of Science

Level thesis:degree_level

masters

Discipline thesis:degree_discipline

Forestry

Department dc:contributor.department

Forestry

Grantor dc:publisher

Virginia Polytechnic Institute and State University

Year dc:date.issued

1974

Author dc:creator

• Neal, Ronald Bruce

Statement dc:rights

• In Copyright

Licence dc:rights.uri

• http://rightsstatements.org/vocab/InC/1.0/

Language dc:language.iso

en

Handle dc:identifier.uri

http://hdl.handle.net/10919/65050

OAI identifier oai:identifier

oai:vtechworks.lib.vt.edu:10919/65050