Acclaim for first edition: 'The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of theoretical and methodological assumptions. Moreover, they are presented in an accessible and attractive way. For those who know already the principles of CBA, these applications are stimulating and enjoyable reading.' - Erik Schokkaert, Tijdschrift voor Economie en Management