scholarly journals PMS33 COST-BENEFIT ANALYSIS OF MANAGEMENT STRATEGIES TO REDUCE ROAD TRAFFIC INJURIES

2009 ◽  
Vol 12 (7) ◽  
pp. A439
Author(s):  
W Srijariya ◽  
A Riewpaiboon ◽  
U Chaikledkaew ◽  
P Pongcharoensuk
Keyword(s):  
Road Traffic ◽  
Cost Benefit Analysis ◽  
Management Strategies ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Road Traffic Injuries

scholarly journals Mortality-risk valuation, age and cause of death: out-of-hospital cardiac arrest

2017 ◽  
Vol 5 (2) ◽  
pp. 28-40
Author(s):  
Björn Sund
Keyword(s):  
Cardiac Arrest ◽  
Willingness To Pay ◽  
Cause Of Death ◽  
Road Traffic ◽  
Cost Benefit Analysis ◽  
Stated Preference ◽  
Cost Benefit ◽  
Transport Sector ◽  
Benefit Analysis ◽  
Hospital Cardiac Arrest

Economic evaluation of policies regarding out-of-hospital cardiac arrest (OHCA) is important. The value of a statistical life (VSL) for OHCA victims is the most important component in a cost-benefit analysis of interventions that have the possibility to reduce mortality from this cause. This value is not known. We use responses to a national Swedish mail survey, based on the stated-preference technique to directly elicit individuals’ hypothetical willingness to pay for a reduced risk of dying from OHCA. A lower-bound estimate of VSL for OHCA would be in range of SEK 30 to 50 million. The value is found to be higher than for comparable VSL estimates from the transport sector, even though individuals who suffer OHCAs are generally older and less healthy than people who die in road traffic accidents. The results indicate that it is not an overestimation to use the ‘baseline’ VSL value from the transport sector (SEK 24 million) in cost-benefit analysis of OHCA policy decisions and that the cause of death is important when examining willingness to pay for death risk reductions. We do not support a general declining VSL due to the age of the victims, i.e. a ‘senior death discount’, for this cause of death.Published: Online January 2017. In print December 2017.

Welfare considerations in future selection and management strategies

1995 ◽  
Vol 19 ◽  
pp. 87-93 ◽  
Author(s):  
A. J. F. Webster
Keyword(s):  
New Technologies ◽  
Cost Benefit Analysis ◽  
Management Strategies ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Genetic Progress ◽  
Grass Silage ◽  
Welfare Implications ◽  
Physiological Demands ◽  
The Cost

AbstractThis paper considers the welfare implications of breeding, feeding and managing dairy cows for increased productivity. The physiological demands of lactation for the high genetic merit dairy cow are exceptional, less in their intensity and more in their duration. Most welfare problems can be attributed less to productivity per se than to systems of feeding, milking and management that are unsuitable to the genotype of the high yielding cow. These include the inadequacies of wet grass silage as a staple food and the abnormal restriction of cows to twice-daily milking. It is also necessary to consider welfare problems that may arise from the application of new technologies to increase milk yield or to increase the rate of genetic progress. These may be related to the process itself or to its consequences. It is proposed that the commercial exploitation of these new technologies should be controlled by legislation similar to that for the protection of animals used for scientific purposes which applies a cost-benefit analysis to determine whether the cost to the animal can be justified in terms of any potential benefit to society.

scholarly journals A cost-benefit analysis of document management strategies used at a financial institution in Zimbabwe: A case study

2013 ◽  
Vol 15 (2) ◽  
Author(s):  
Rodreck David ◽  
Patrick Ngulube ◽  
Adock Dube
Keyword(s):  
Cost Benefit Analysis ◽  
Financial Institution ◽  
Management Strategies ◽  
Cost Benefit ◽  
Document Management ◽  
Management Approach ◽  
Research Approach ◽  
Benefit Analysis ◽  
Management Approaches

Background: Choosing a cost-effective document management approach has become a priority to many organisations, especially in view of the rapidly changing technological environment in which information is being created and managed. A literature survey indicated that document management strategies have the potential to provide some substantial cost-saving benefits if they are used judiciously.Objectives: This study investigated a commercial bank’s document management approaches in a bid to ascertain the costs and benefits of each strategy and related issues.Method: A quantitative research approach was employed through a case study which was used to gather data from a sampled population in the bank.Results: The document management approaches used were not coordinated to improve operational efficiency. There were regulations governing documents management. The skills and competences of staff on both document management and cost analysis are limited. That is partly due to limited training opportunities availed to them. That means that economies are not achieved in the management of records. That has a negative impact on the overall efficiency, effectiveness and legal compliance of the banking institution.Conclusion: The financial institutions should create regulations enabling periodical cost-benefit analysis of document management regimes used by the bank at least at quarterly intervals as recommended by the National Archives of Australia. A hybrid approach in managing records is recommended for adoption by the financial institution. There should be on-the-job staff training complimented by attendance at relevant workshops and seminars to improve the staff’s understanding of both the cost-benefit analysis concept and document management.

The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko
Keyword(s):  
Net Present Value ◽  
Olympic Games ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Investment Efficiency ◽  
Benefit Analysis ◽  
Step Method ◽  
Investment Projects ◽  
The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

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