Abstract
This chapter introduces the readers to the investment appraisal techniques. In particular, this chapter focuses on the cost–benefit analysis as it is commonly accepted as the most suitable tool for investment appraisal. Nevertheless, other decision-making tools are presented as multicriteria and multiobjective analyses and input–output techniques as well, highlighting how they can improve the investment appraisal results. Along this chapter, ethical concerns are raised to make the readers familiar with the possible implications depending on the different choices.
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