The role of risk assessment and the rate of discount in benefit‐cost analysis: modeling irreversible energy externalities

1990 ◽  
Vol 35 (4) ◽  
pp. 245-251 ◽  
Author(s):  
Michael E. Brady
Keyword(s):  
Risk Assessment ◽  
Cost Analysis ◽  
Benefit Cost Analysis ◽  
Benefit Cost

Accounting for the Distribution of Benefits and Costs in Benefit–Cost Analysis

2020 ◽  
pp. 1-21
Author(s):  
James K. Hammitt
Keyword(s):  
Cost Analysis ◽  
Decision Makers ◽  
Policy Choice ◽  
Alternative Evaluation ◽  
Benefit Cost Analysis ◽  
Transfer Programs ◽  
Net Benefits ◽  
Benefit Cost ◽  
Benefits And Costs

Abstract Benefit–cost analysis (BCA) is often viewed as measuring the efficiency of a policy independent of the distribution of its consequences. The role of distributional effects on policy choice is disputed; either: (a) the policy that maximizes net benefits should be selected and distributional concerns should be addressed through other measures, such as tax and transfer programs or (b) BCA should be supplemented with distributional analysis and decision-makers should weigh efficiency and distribution in policy choice. The separation of efficiency and distribution is misleading. The measure of efficiency depends on the numéraire chosen for the analysis, whether monetary values or some other good (unless individuals have the same rates of substitution between them). The choice of numéraire is not neutral; it can affect the ranking of policies by calculated net benefits. Alternative evaluation methods, such as BCA using a different numéraire, weighted BCA, or a social welfare function (SWF), may better integrate concerns about distribution and efficiency. The most appropriate numéraire, distributional weights, or SWFs cannot be measured or statistically estimated; it is a normative choice.

scholarly journals The role of value added in benefit/cost analysis

1991 ◽  
Vol 25 (2) ◽  
pp. 145-149 ◽  
Author(s):  
Stephen C. Cooke
Keyword(s):  
Cost Analysis ◽  
Value Added ◽  
Benefit Cost Analysis ◽  
Benefit Cost

Incorporating Risk Assessment and Benefit-Cost Analysis in Environmental Management1

Risk Analysis ◽  
1988 ◽  
Vol 8 (3) ◽  
pp. 415-420 ◽  
Author(s):  
Robert W. Rycroft ◽  
James L. Regens ◽  
Thomas Dietz
Keyword(s):  
Risk Assessment ◽  
Cost Analysis ◽  
Benefit Cost Analysis ◽  
Benefit Cost

Portwide Seismic Risk Assessment: (2) Benefit-Cost Analysis

Ports 2016 ◽  
2016 ◽  
Author(s):  
William P. Graf ◽  
Dave Dittmer ◽  
Tom Wharton ◽  
Hans Conradt
Keyword(s):  
Risk Assessment ◽  
Cost Analysis ◽  
Seismic Risk ◽  
Seismic Risk Assessment ◽  
Benefit Cost Analysis ◽  
Benefit Cost

A Statistical Analysis of the Role of Benefit–Cost Analysis in Awarding TIGER Grants

2013 ◽  
Vol 19 (1) ◽  
pp. 37-50 ◽  
Author(s):  
Anthony C. Homan ◽  
Teresa M. Adams ◽  
Alex J. Marach
Keyword(s):  
Statistical Analysis ◽  
Cost Analysis ◽  
Benefit Cost Analysis ◽  
Benefit Cost

scholarly journals Hazard Identification and Risk Assessment with Recommended Alternative Solutions Using the Benefit Cost Analysis Method

Tibuana ◽  
2021 ◽  
Vol 4 (02) ◽  
pp. 120-124
Author(s):  
Rina Sandora ◽  
Fani Sandy Putra ◽  
Galih Anindita
Keyword(s):  
Risk Assessment ◽  
Cost Analysis ◽  
Hazard Identification ◽  
Benefit Cost Analysis ◽  
Analysis Calculation ◽  
Gas Detector ◽  
The Cost ◽  
Benefit Cost ◽  
Alternative Solutions

Determination of hazard identification and risk assessment on the company can not be separated from the calculation of the cost budget. The aim is to provide recommendations and calculate the profit rate using the Benefit Cost Analysis (BCA) method so that the company will more easily determine the most appropriate and needed alternative in the company. From the incremental analysis calculation, an alternative solution and value obtained from BCA are gas detector H2S B / C ratio 1.14, crane certification B / C ratio 3.66, welding helmet B / C ratio value 5.53, wire rope B / C ratio value of 5.19, O2 detector value of B / C ratio 6.11, small handtruck value of B / C ratio 18.1, fire dry chemical powder B / C ratio value of 22.27, N2 gas detector value of ratio B / C 1.53.

Environmental Policy under Reagan's Executive Order: The Role of Benefit-Cost Analysis

1985 ◽  
Vol 4 (3) ◽  
pp. 472
Author(s):  
E. Donald Elliott ◽  
V. Kerry Smith
Keyword(s):  
Environmental Policy ◽  
Cost Analysis ◽  
Executive Order ◽  
Benefit Cost Analysis ◽  
Benefit Cost
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