scholarly journals Cost-efficiency assessments of marine monitoring methods lack rigor—a systematic mapping of literature and an end-user view on optimal cost-efficiency analysis

2021 ◽  
Vol 193 (7) ◽  
Author(s):  
Heini Hyvärinen ◽  
Annaliina Skyttä ◽  
Susanna Jernberg ◽  
Kristian Meissner ◽  
Harri Kuosa ◽  
...  
Keyword(s):  
Comparative Studies ◽  
Cost Efficiency ◽  
Cost Benefit ◽  
Marine Ecosystems ◽  
Actual Cost ◽  
Monitoring Methods ◽  
Monitoring Method ◽  
Marine Monitoring ◽  
The Status ◽  
The Cost

AbstractGlobal deterioration of marine ecosystems, together with increasing pressure to use them, has created a demand for new, more efficient and cost-efficient monitoring tools that enable assessing changes in the status of marine ecosystems. However, demonstrating the cost-efficiency of a monitoring method is not straightforward as there are no generally applicable guidelines. Our study provides a systematic literature mapping of methods and criteria that have been proposed or used since the year 2000 to evaluate the cost-efficiency of marine monitoring methods. We aimed to investigate these methods but discovered that examples of actual cost-efficiency assessments in literature were rare, contradicting the prevalent use of the term “cost-efficiency.” We identified five different ways to compare the cost-efficiency of a marine monitoring method: (1) the cost–benefit ratio, (2) comparative studies based on an experiment, (3) comparative studies based on a literature review, (4) comparisons with other methods based on literature, and (5) subjective comparisons with other methods based on experience or intuition. Because of the observed high frequency of insufficient cost–benefit assessments, we strongly advise that more attention is paid to the coverage of both cost and efficiency parameters when evaluating the actual cost-efficiency of novel methods. Our results emphasize the need to improve the reliability and comparability of cost-efficiency assessments. We provide guidelines for future initiatives to develop a cost-efficiency assessment framework and suggestions for more unified cost-efficiency criteria.

scholarly journals A Synthesis of Marine Monitoring Methods With the Potential to Enhance the Status Assessment of the Baltic Sea

2020 ◽  
Vol 7 ◽  
Author(s):  
Leoni Mack ◽  
Jenni Attila ◽  
Eva Aylagas ◽  
Arne Beermann ◽  
Angel Borja ◽  
...  
Keyword(s):  
Baltic Sea ◽  
Monitoring Methods ◽  
The Baltic Sea ◽  
Marine Monitoring ◽  
The Status ◽  
Status Assessment ◽  
The Baltic

Resilience in social and economic systems: a concept that fails the cost–benefit test?

1998 ◽  
Vol 3 (2) ◽  
pp. 221-262 ◽  
Author(s):  
NICK HANLEY
Keyword(s):  
Cost Benefit Analysis ◽  
Social Systems ◽  
Cost Benefit ◽  
Status Quo ◽  
Economic Systems ◽  
Benefit Analysis ◽  
Ecological Concept ◽  
The Status ◽  
The Subject ◽  
The Cost

One of the first lessons that students of cost-benefit analysis (CBA) learn is to ask whether projects or policies which they are studying generate additional benefits or costs, relative to the status quo. They are also told to be very careful in defining the project/policy which is the subject of their analysis. In my view, the ecological concept of resilience fails the CBA test, when applied to the study of economic and social systems, because it offers no additional insights to those we have already, and appears to be poorly defined.

Choosing low-cost institutions in global governance

2020 ◽  
pp. 1-30 ◽  
Author(s):  
Kenneth W. Abbott ◽  
Benjamin Faude
Keyword(s):  
Global Governance ◽  
International System ◽  
Low Cost ◽  
Cost Benefit ◽  
Governmental Organizations ◽  
Societal Actors ◽  
The Status ◽  
New Institutions ◽  
The Cost ◽  
Political Governance

Abstract Contemporary global governance takes place not only through formal inter-governmental organizations and treaties, but increasingly through diverse institutional forms including informal inter-governmental organizations, trans-governmental networks, and transnational public–private partnerships. Although these forms differ in many ways, they are all what we call ‘low-cost institutions’ (LCIs): the costs of creating, operating, changing, and exiting them, and the sovereignty costs they impose, are substantially lower on average than those of treaty-based institutions. LCIs also provide substantive and political governance benefits based on their low costs, including reduced risk, malleability, and flexibility, as well as many of the general cooperation benefits provided by all types of institutions. LCIs are poorly-suited for creating and enforcing binding commitments, but can perform many other governance functions, alone and as complements to treaty-based institutions. We argue that the availability of LCIs changes the cost–benefit logic of institutional choice in a densely institutionalized international system, making the creation of new institutions, which existing research sees as the ‘last resort’, more likely. In addition, LCIs empower executive, bureaucratic, and societal actors, incentivizing those actors to favor creating LCIs rather than treaty-based institutions. The availability of LCIs affects global governance in multiple ways. It reduces the status quo bias of governance, changes its institutional and actor composition, enables (modest) cooperation in times of polarization and gridlock, creates beneficial institutional divisions of labor, and expands governance options. At the same time, the proliferation of LCIs reduces the focality of incumbent institutions, increasing the complexity of governance.

scholarly journals Investigating ADS-B MOPS Compliance using Open Data

10.29007/q4kb ◽  
2019 ◽  
Author(s):  
Enrico Spinielli
Keyword(s):  
Cost Benefit Analysis ◽  
Open Data ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Active Interrogation ◽  
Free Data ◽  
The Us ◽  
The Status ◽  
Order Of Magnitude ◽  
The Cost

The introduction of Automatic Dependent Surveillance-Broadcast (ADS-B) in Aviation as mandated in the US [3,4] and in Europe [1,2] rests on the (at least theoretical) benefits of the switch of paradigm in ATC surveillance from (continuously) active interrogation of aircraft positions by primary radars to (almost always) automatic broadcast of data by the aircraft. The cost/benefit analysis in favour of this shift weights on the 1) higher frequency and precision of the aircraft information (position, speed, . . . ) made available to ATC/neighbouring aircraft leading to increased safety and increased airspace capacity and 2) on the (at least one) order of magnitude reduction in ground infrastructure costs [5]. Infrastructure needs nontheless to be deployed both on the ground and in the air; and in the end it is the passenger who pays via taxes on tickets or airports services: so what is the status of deployment? This paper investigates, using only open and free data, the status of compliance of aircraft in the European airspace, i.e. how many aircraft flying in Europe comply to the EASA ADS-B mandate.

Persuasion and Economic Efficiency: The Cost-Benefit Analysis of Banning Abortion

1993 ◽  
Vol 9 (2) ◽  
pp. 229-252 ◽  
Author(s):  
Julianne Nelson
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Status Quo ◽  
Benefit Analysis ◽  
Pareto Improvement ◽  
Net Benefit ◽  
Policy Debates ◽  
The Status ◽  
The One ◽  
The Cost

How do economists persuade their readers that one policy is superior to another? A glance at the literature on welfare economics quickly provides the answer to this question: Economists enter policy debates armed with mathematical models, evaluating options on the basis of their consequences. Economists typically classify a policy change as a welfare (or “potential Pareto”) improvement with respect to the status quo if the gain realized by the winners exceeds the harm sustained by the losers. The best policy becomes the one that generates the highest net benefit.

Development of a new cost PPS and decomposition of observed actual cost for DMU in a non-competitive space in DEA

2019 ◽  
Vol 53 (5) ◽  
pp. 1563-1580
Author(s):  
Elham Rezaei Hezaveh ◽  
Reza Fallahnejad ◽  
Masoud Sanei ◽  
Mohammad Izadikhah
Keyword(s):  
Decision Making ◽  
Cost Efficiency ◽  
Allocative Efficiency ◽  
Data Envelopment ◽  
Actual Cost ◽  
Production Possibility ◽  
Production Possibility Set ◽  
The Cost ◽  
Revenue Efficiency ◽  
Decision Making Units

Data Envelopment Analysis (DEA) is an appropriate tool for estimating various types of efficiency such as cost efficiency. There are two different sates in cost spaces; in the first space prices are equal for all Decision Making Units (DMUs) which is competitive space, and in the second space prices are different form one DMU to another; this is known as non-competitive space. The present paper introduces a new method to assess Cost Efficiency (CE), Revenue Efficiency (RE) and Profit Efficiency (PE) in a non-competitive space. The present paper also proposes a Production Possibility Set (PPS) in which DMUs are evaluated based on both their own prices and the prices of other DMUs in non-competitive space. Moreover, a new decomposition is provided for observed actual cost DMUs based on the cost efficiency model and the proposed PPS, thus the observed actual cost can be shown by summation of several technical, price and allocative efficiency (AE) losses. The biggest advantage of this method comparing to the previous methods is that passive the developed cost efficiency and the cost Production Possibility Set has been developed and the performed decomposition is more accurate; this is because the new inefficiency sources are defined and added to this new decomposition. Therefore, it includes more inefficient sources.

A generalized fuzzy cost efficiency model

2020 ◽  
Vol 54 (6) ◽  
pp. 1775-1791
Author(s):  
Nazila Aghayi ◽  
Samira Salehpour
Keyword(s):  
Cost Efficiency ◽  
Minimum Cost ◽  
Extensive Literature ◽  
Data Envelopment ◽  
Fuzzy Environment ◽  
Decision Making Unit ◽  
Production Possibility Set ◽  
Fuzzy Cost ◽  
The Cost ◽  
Generalized Cost

The concept of cost efficiency has become tremendously popular in data envelopment analysis (DEA) as it serves to assess a decision-making unit (DMU) in terms of producing minimum-cost outputs. A large variety of precise and imprecise models have been put forward to measure cost efficiency for the DMUs which have a role in constructing the production possibility set; yet, there’s not an extensive literature on the cost efficiency (CE) measurement for sample DMUs (SDMUs). In an effort to remedy the shortcomings of current models, herein is introduced a generalized cost efficiency model that is capable of operating in a fuzzy environment-involving different types of fuzzy numbers-while preserving the Farrell’s decomposition of cost efficiency. Moreover, to the best of our knowledge, the present paper is the first to measure cost efficiency by using vectors. Ultimately, a useful example is provided to confirm the applicability of the proposed methods.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

The Evolutionary Psychology of Scientific Publishing: Cost-Benefit Optimization of Players in the Game

2019 ◽  
Author(s):  
Milind Watve
Keyword(s):  
Peer Review ◽  
Current System ◽  
Critical Mass ◽  
Cost Benefit ◽  
Active Role ◽  
Scientific Publishing ◽  
Collective Goal ◽  
The Cost ◽  
Collective Goals ◽  
Innate Tendency

Peer reviewed scientific publishing is critical for communicating important findings, interpretations and theories in any branch of science. While the value of peer review is rarely doubted, much concern is being raised about the possible biases in the process. I argue here that most of the biases originate in the evolved innate tendency of every player to optimize one’s own cost benefits. Different players in the scientific publishing game have different cost-benefit optima. There are multiple conflicts between individual optima and collective goals. An analysis of the cost-benefit optima of every player in the scientific publishing game shows how and why biases originate. In the current system of publishing, by optimization considerations, the probability of publishing a ‘bad’ manuscript is relatively small but the probability of rejecting a ‘good’ manuscript is very high. By continuing with the current publishing structure, the global distribution of the scientific community would be increasingly clustered. Publication biases by gender, ethnicity, reputation, conformation and conformity will be increasingly common and revolutionary concepts increasingly difficult to publish. Ultimately, I explore the possibility of designing a peer review publishing system in which the conflicts between individual optimization and collective goal can be minimized. In such a system, if everyone behaves with maximum selfishness, biases would be minimized and the progress towards the collective goal would be faster and smoother. Changing towards such a system might prove difficult unless a critical mass of authors take an active role to revolutionize scientific publishing.

Lot's Offer of his Daughters to his People in the Torah and the Qur'an: A Comparative Study in Two Parts (Part One)

2016 ◽  
Vol 18 (3) ◽  
pp. 161-224
Author(s):  
ʿĀʾiḍ B. Sad Al-Dawsarī
Keyword(s):  
Comparative Study ◽  
Comparative Studies ◽  
The Third ◽  
The Past ◽  
The Status ◽  
Moral Problems ◽  
Moral Dimensions ◽  
Similarities And Differences

The story of Lot is one of many shared by the Qur'an and the Torah, and Lot's offer of his two daughters to his people is presented in a similar way in the two books. This article compares the status of Lot in the Qur'an and Torah, and explores the moral dimensions of his character, and what scholars of the two religions make of this story. The significance of the episodes in which Lot offers his daughters to his people lies in the similarities and differences of the accounts given in the two books and the fact that, in both the past and the present, this story has presented moral problems and criticism has been leveled at Lot. Context is crucial in understanding this story, and exploration of the ways in which Lot and his people are presented is also useful in terms of comparative studies of the two scriptures. This article is divided into three sections: the first explores the depiction of Lot in the two texts, the second explores his moral limitations, and the third discusses the interpretations of various exegetes and scholars of the two books. Although there are similarities between the Qur'anic and Talmudic accounts of this episode, it is read differently by scholars from the two religions because of the different contexts of the respective accounts.

Sign in / Sign up

Export Citation Format

Share Document