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Cost-Benefit Analysis: Concepts and Practice
TLDR
Cost-benefit analysis as discussed by the authors provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies, including time discounting, dealing with contingent uncertainty using expected surpluses and option prices, taking account of parameter uncertainties using Monte Carlo simulation and other types of sensitivity analyses, revealed preference approaches, stated preference methods, and other related methods.Abstract:
Cost-Benefit Analysis provides accessible, comprehensive, authoritative, and practical treatments of the protocols for assessing the relative efficiency of public policies. Its review of essential concepts from microeconomics, and its sophisticated treatment of important topics with minimal use of mathematics helps students from a variety of backgrounds build solid conceptual foundations. It provides thorough treatments of time discounting, dealing with contingent uncertainty using expected surpluses and option prices, taking account of parameter uncertainties using Monte Carlo simulation and other types of sensitivity analyses, revealed preference approaches, stated preference methods including contingent valuation, and other related methods. Updated to cover contemporary research, this edition is considerably reorganized to aid in student and practitioner understanding, and includes eight new cases to demonstrate the actual practice of cost-benefit analysis. Widely cited, it is recognized as an authoritative source on cost-benefit analysis. Illustrations, exhibits, chapter exercises, and case studies help students master concepts and develop craft skills.read more
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Journal ArticleDOI
Economic feasibility assessment of cage aquaculture in offshore wind power generation areas in Changhua County, Taiwan
Cheng-Ting Huang,Farok Afero,Chun-Wei Hung,Bo-Ying Chen,Fan-Hua Nan,Wen-Son Chiang,Hung-Jie Tang,Chao Kai Kang +7 more
TL;DR: In this paper, the authors assessed the economic feasibility of cage aquaculture in the offshore wind farm area of Changhua, Taiwan and suggested the most suitable investment project to deploy 16 cages at the beginning.
Journal ArticleDOI
Evaluating the impact of transport projects: Lessons for other disciplines.
Yoram Shiftan,Daniel Shefer +1 more
Journal ArticleDOI
A protocol for analysing the costs and benefits of phytosanitary measures
Hella Kehlenbeck,Ray Cannon,A. Breukers,Andrea Battisti,A. W. Leach,John D. Mumford,Alan MacLeod +6 more
TL;DR: In this article, the authors describe a protocol developed within the PRATIQUE project for applying cost/benefit analysis to select appropriate phytosanitary measures for use against quarantine pests.
Dissertation
Net electricity load profiles of Zero Emission buildings : A Cost Optimization Investment Model for Investigating Zero Balances, Operational Strategies and Grid Restrictions
TL;DR: In this paper, an optimization model for finding cost-optimal investment and operational strategies for zero emission buildings/zero energy buildings (ZEB) is developed, which minimizes the total discounted costs of operations and investments over the lifetime of the building.
Journal ArticleDOI
Costs related to serious road injuries: a European perspective
Annelies Schoeters,Wim Wijnen,Laurent Carnis,Wendy Weijermars,Rune Elvik,Stijn Daniels,Heiko Johannsen +6 more
TL;DR: Detailed analyses of medical costs and production loss that are based on country-specific datasets show the importance of assessing medical costs on the long term and taking into account the variation of these costs for different subgroups of traffic victims.