scholarly journals Cost–Benefit Analysis: A Decision-Support Tool or a Venue for Contesting Ecosystem Knowledge?

2014 ◽  
Vol 32 (2) ◽  
pp. 283-300 ◽  
Author(s):  
Neal Hockley
Geosciences ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 82
Author(s):  
Johanna Merisalu ◽  
Jonas Sundell ◽  
Lars Rosén

Construction below the ground surface and underneath the groundwater table is often associated with groundwater leakage and drawdowns in the surroundings which subsequently can result in a wide variety of risks. To avoid groundwater drawdown-associated damages, risk-reducing measures must often be implemented. Due to the hydrogeological system’s inherent variability and our incomplete knowledge of its conditions, the effects of risk-reducing measures cannot be fully known in advance and decisions must inevitably be made under uncertainty. When implementing risk-reducing measures there is always a trade-off between the measures’ benefits (reduced risk) and investment costs which needs to be balanced. In this paper, we present a framework for decision support on measures to mitigate hydrogeological risks in underground construction. The framework is developed in accordance with the guidelines from the International Standardization Organization (ISO) and comprises a full risk-management framework with focus on risk analysis and risk evaluation. Cost–benefit analysis (CBA) facilitates monetization of consequences and economic evaluation of risk mitigation. The framework includes probabilistic risk estimation of the entire cause–effect chain from groundwater leakage to the consequences of damage where expert elicitation is combined with data-driven and process-based methods, allowing for continuous updating when new knowledge is obtained.


2019 ◽  
Vol 109 (03) ◽  
pp. 134-139
Author(s):  
P. Burggräf ◽  
J. Wagner ◽  
M. Dannapfel ◽  
K. Müller ◽  
B. Koke

Der wachsende Bedarf an Wandlungsfähigkeit führt zu einer höheren Frequenz in der Umplanung von Montagesystemen und erfordert eine kontinuierliche Überprüfung und Anpassung des Automatisierungsgrades. Um auch die komplexen Umgebungsbedingungen abzubilden, sollen nicht-monetäre Faktoren in den Entscheidungsprozess eingebunden werden. Um die Entscheidung zu unterstützen, stellt dieser Beitrag ein Tool zur Identifizierung und Bewertung von Automatisierungsszenarien mittels einer Nutzwert-Aufwand-Analyse vor.   The increasing need for adaptability in assembly leads to a higher planning frequency of the system and requires continuous checks and adaptations of the appropriate level of automation. To account for the complex environmental conditions, non-monetary factors are included in the decision-making process. This paper presents a decision support tool to identify and evaluate automation scenarios by means of cost and benefit evaluation.


2021 ◽  
Vol 7 (3) ◽  
pp. 04021011
Author(s):  
Katie M. Spahr ◽  
Colin D. Bell ◽  
Elizabeth M. Gallo ◽  
John E. McCray ◽  
Terri S. Hogue

2011 ◽  
Vol 14 (3) ◽  
pp. A163
Author(s):  
L.S. Wilson ◽  
A. Loucks ◽  
L. Franklin ◽  
S. O'Donnell ◽  
D. Moore ◽  
...  

Author(s):  
Johannes Hu¨ffmeier ◽  
Bjo¨rn Forsman ◽  
Jim Sandkvist ◽  
Johan Rafstedt

SSPA Sweden AB has developed a decision support tool for Arctic offshore operations in close cooperation with the ship owner Transatlantic. With their icebreaking offshore supply vessels, Transatlantic has experience in both offshore operations and ice breaking for the Swedish Maritime Administration, which gives them a unique competence for Arctic offshore tasks. Founded on these experiences SSPA has created a toolbox based on Bayesian networks to provide the decision maker with the required competence to plan, dimension and organise offshore operations. The demands on the model given by Transatlantic for this tool were to include an accurate planning possibility, it should be handy and flexible, successively extendable, based scientifically and it should reflect the operators experience and even experience transfer. The developed tool is based on so called Bayesian Networks. With the help of the graphical directed arrows it is possible to describe complex links and relations between: - specific customer demands and service needs, - supply tasks, icebreaking management, anchor handling, towing, etc., - local external environmental conditions, ice, weather, - surrounding infrastructure, base harbours, transports, - external requirements, national rules, permissions, classification requirements, - possible abnormalities, undesired events, danger of accident, - emergency preparedness, redundant resources, - resources, vessels in use, land-based resources, helicopters, etc. By combining risk analysis methodology, statistics and expert judgements the tool belays and incorporates high safety, cost-benefit, well-reasoned strategies, alternative plans of action and purposive solutions.


Sign in / Sign up

Export Citation Format

Share Document