scholarly journals Economic Valuation for Cost–Benefit Analysis of Health Risk Reduction in Drinking Water Systems

2018 ◽  
Vol 12 (1) ◽  
pp. 99-110 ◽  
Author(s):  
Viktor Bergion ◽  
Andreas Lindhe ◽  
Ekaterina Sokolova ◽  
Lars Rosén
2011 ◽  
Vol 40 (3) ◽  
pp. 144-150
Author(s):  
Aiichiro FUJINAGA ◽  
Hidemi HIHARA ◽  
Makoto TATSUNO

Author(s):  
Sirous F. Yasseri ◽  
Peter Menhennett

A key principle for achieving Tolerable Risk under the UK Health and Safety Executive’s (HSE) approach is the reduction of risks to “As Low As Reasonably Practicable” or ALARP. This principle is founded on the ideal of reducing risks to a point of diminishing returns where additional risk reduction would cost “disproportionally” more than the risk reduction benefit achieved. The HSE approach of estimating the degree of disproportionality between the cost and benefits associated with a potential risk reduction measure is a variation of the Cost Effectiveness approach to ALARP Evaluation. A probabilistic cost-benefit analysis method is outlined for evaluating design options and establishing whether the conditions of ALARP are met. This paper demonstrates the value of probabilistic cost-benefit analysis for the selection of a target safety level and also presents an example of its practical application by way of a case history.


2018 ◽  
Vol 132 ◽  
pp. 111-123 ◽  
Author(s):  
Viktor Bergion ◽  
Andreas Lindhe ◽  
Ekaterina Sokolova ◽  
Lars Rosén

2019 ◽  
Vol 10 (04) ◽  
pp. 1950014
Author(s):  
AMBIKA MARKANDAY ◽  
IBON GALARRAGA ◽  
ANIL MARKANDYA

This study systematically reviews the scientific literature ([Formula: see text]) on cost-benefit analysis (CBA) of adaptation measures in cities and similar urban environments. The review is conducted to assess existing or proposed actions for dealing with impacts of drought, heat waves, sea-level rise, and pluvial and fluvial flooding. It includes over 30 measures related to structural, services, technological, informational and ecosystem-based approaches. The main findings demonstrate that CBA of adaptation measures across urban environments must contend with numerous long-term socioeconomic and climate change uncertainties. Subsequently, this has led to inconsistencies in valuation frameworks related to, for example, planning horizons, discount rates, non-market considerations and future scenarios. Results also indicate a clear gap in the literature on the economic valuation of adaptation measures in the Global South. Furthermore, few studies integrate equity dimensions while planning for adaptation. Extensions of CBA to account for key uncertainties will help policy makers to allocate (often scarce) resources more efficiently and limit the likelihood of maladaptation. Further inclusion of the magnitude and distributional effects of non-market impacts and greater civil society engagement in policy dialogues will also be vital for promoting just and equitable measures that balance adaptation alongside other policy goals such as mitigation, economic development, health and well-being.


2002 ◽  
Vol 3 (1) ◽  
pp. 85-104 ◽  
Author(s):  
Michael Ahlheim ◽  
Ulrike Lehr

AbstractCost-benefit analysis of environmental projects often requires economic valuation procedures that are time-consuming and costly. Therefore, the wish to short-cut these procedures comes naturally, e.g. using the so-called „benefit transfer“. This method enables the researcher to use results from previous studies to calculate expected benefits of a planned project. In this paper we discuss the chances and limits of this approach from theoretical and empirical points of view. Starting from the welfare theoretical fundamentals of economic valuation we show that the road to any empirical measure is already marked by various assumptions. Taking a detailed look at the techniques of benefit transfers the paper arrives at recommendations for future benefit transfer studies.


Author(s):  
Kustiawati Ningsih ◽  
Halimatus Sakdiyah ◽  
Herman Felani ◽  
Rini Dwiastuti ◽  
Rosihan Asmara

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