Table of Contents

Preface and acknowledgments; Notation; Part I. Scope and Limitations: 1. Introduction; 2. Social objectives and direct decision making; 3. Market decentralization; 4. Market decentralization; 4. Theory of collective goods; Part II. Decision Making in a Mixed Economy: 5. Planning mechanisms; 6. Models of a mixed economy; 7. Government budgeting and fiscal decentralization; 8. Public pricing and optimal-commodity taxation; Part III. First-Order Project Analysis: 9. Decompositions and general theory of second best; 10. Principles of shadow pricing; 11. Local public goods; 12. Intertemporal contexts with uncertainty; 13. Identifying shadow values: hedonic methods and capitalization; Part IV. Evaluating Large Projects: 14. search for exact measures; 15. Surplus approximations; 16. Practical methods for large-project evaluation; 17. Peak-load problem; Epilog; References; Author index; Subject index.