scholarly journals Safety of dams in crisis situations

2021 ◽  
Vol 900 (1) ◽  
pp. 012002
Author(s):  
M Axman ◽  
Š Kročová
Keyword(s):  
Risk Analysis ◽  
Cost Analysis ◽  
Water Crisis ◽  
Protective Function ◽  
Benefit Cost Analysis ◽  
The World ◽  
Mitigation Project ◽  
Benefit Cost ◽  
Comparative Manner ◽  
Crisis Situations

Abstract The safety of dams in crisis situations can be divided into several areas that can affect their functions. The aim of this work is to focus on water crisis situations on the technical infrastructure during emergencies, of which there were many in the world. The protective function of dams can be based on a thorough analysis and their measures. In the article there was risk analysis performed on a dam of choice. The ALARP analysis was used to determine risks that have to be addressed and taken precautions against. According to F-N diagram it was determined that ALARP region is located at frequencies of 0,000 1 (1-in-10 000 years) and number of people at risk at 1 – 1 000. Next there was a benefit-cost analysis performed of mitigation project, that concluded beneficial value of the dam and the costs of the mitigation project and the BCA ratio came out > 1, thus the mitigation project was recommended. In conclusion there was recommended to use both methods in comparative manner.

What’s in, what’s out? Towards a rigorous definition of the boundaries of benefit-cost analysis

2021 ◽  
pp. 1-17
Author(s):  
Daniel Acland
Keyword(s):  
Cost Analysis ◽  
Willingness To Pay ◽  
Low Cost ◽  
Consumer Sovereignty ◽  
Benefit Cost Analysis ◽  
Rigorous Definition ◽  
Pareto Criterion ◽  
Definition Of ◽  
Benefit Cost

Abstract Benefit-cost analysis (BCA) is typically defined as an implementation of the potential Pareto criterion, which requires inclusion of any impact for which individuals have willingness to pay (WTP). This definition is incompatible with the exclusion of impacts such as rights and distributional concerns, for which individuals do have WTP. I propose a new definition: BCA should include only impacts for which consumer sovereignty should govern. This is because WTP implicitly preserves consumer sovereignty, and is thus only appropriate for ‘sovereignty-warranting’ impacts. I compare the high cost of including non-sovereignty-warranting impacts to the relatively low cost of excluding sovereignty-warranting impacts.

Distributional Weights in Benefit-Cost Analysis: Examples from Rwanda and Uganda

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Charles B. Moss ◽  
Andrew Schmitz
Keyword(s):  
Developing Countries ◽  
Cost Analysis ◽  
Research And Development ◽  
Agricultural Research ◽  
Systematic Variation ◽  
Policy Makers ◽  
Benefit Cost Analysis ◽  
Small Producer ◽  
Agricultural Research And Development ◽  
Benefit Cost

Abstract The question of how to allocate scarce agricultural research and development dollars is significant for developing countries. Historically, benefit/cost analysis has been the standard for comparing the relative benefits of alternative investments. We examine the potential of shifting the implicit equal weights approach to benefit/cost analysis, as well as how a systematic variation in welfare weights may affect different groups important to policy makers. For example, in the case of Rwandan coffee, a shift in the welfare weights that would favor small coffee producers in Rwanda over foreign consumers of Rwandan coffee would increase the support for investments in small producer coffee projects. Generally, changes in welfare weights alter the ordering for selecting investments across alternative projects.

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