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Cost-benefit analysis (CBA) is often one of the most invaluable tools in decision making. Yet, it is often inadequately understood by the practitioners who would most benefit from its use. The reason is that most books published on the subject have been written by economists, and therefore do not meet the needs of practising engineers. Cost-benefit analysis is different in that it has been specifically written with the sole aim of explaining, in a clear and straightforward way, How the technique can be applied in practice as well as its underlying rationale.
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