scholarly journals Forecasting the socio-economic impact of the Large Hadron Collider: A cost–benefit analysis to 2025 and beyond

2016 ◽  
Vol 112 ◽  
pp. 38-53 ◽  
Author(s):  
Massimo Florio ◽  
Stefano Forte ◽  
Emanuela Sirtori
Keyword(s):  
Large Hadron Collider ◽  
Economic Impact ◽  
Cost Benefit Analysis ◽  
Hadron Collider ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Socio Economic Impact

scholarly journals Findings from the LHC/HL-LHC Programme

2020 ◽  
pp. 71-77
Author(s):  
Andrea Bastianin
Keyword(s):  
Large Hadron Collider ◽  
Cost Benefit Analysis ◽  
Hadron Collider ◽  
Cost Benefit ◽  
Social Costs ◽  
Benefit Analysis ◽  
High Luminosity ◽  
Societal Benefits ◽  
The Social ◽  
Social Costs And Benefits

Abstract This note summarizes the results of a social Cost–Benefit Analysis (CBA) of the High Luminosity upgrade of the Large Hadron Collider (HL-LHC). The social CBA methodology is well-suited to assess social costs and benefits of the HL-LHC up to 2038. The analysis shows that the ratio between incremental benefits and incremental costs of the HL-LHC with respect to operating the LHC under normal consolidation (i.e. without high-luminosity upgrade) is slightly over 1.7, meaning that each Swiss Franc invested in the HL-LHC upgrade project pays back approximately 1.7 CHF in societal benefits. The rest of the note is organized as follows. We first discuss the merits of CBA; next, we present the methodology and discuss the results.

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