Abstract
The cost effectiveness analysis is necessary for projects of social infrastructures. Methods to evaluate effectiveness of various projects in water works have been proposed. However, there are problems of double count of repercussion effect and omission of some effectiveness. In order to remove these problems, frame of benefit evaluation was theoretically examined from the point of general equiblium analysis and methods to evaluate project benefit were derived based on behaviors of consumer and producer. Case studies to apply proposed methods were carried out.