Long-Run Cost-Benefit Analysis of Demand Response for the European System

2018 ◽  
Author(s):  
Yuting Mou ◽  
Anthony Papavasiliou
Keyword(s):  
Demand Response ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Long Run ◽  
European System

scholarly journals INDONESIA TO HOST THE FIFA WORLD CUP? A COST-BENEFIT ANALYSIS

2018 ◽  
Vol 2 (1) ◽  
pp. 22-34
Author(s):  
Hilda Masniaritta Pohan ◽  
Silvy Puspita Oktavianty
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Social Benefits ◽  
Benefit Analysis ◽  
Financial Loss ◽  
World Cup ◽  
Fifa World Cup ◽  
Long Run ◽  
Geographical Characteristics

Numerous studies have shown that hosting the FIFA World Cup potentially creates positive economic benefits although it costs a substantial amount of money. The biggest cost comes from infrastructure needs which are highly correlated with a country�s geographical characteristics. This research evaluates the feasibility of hosting the FIFA World Cup in Indonesia given its geographical characteristics. Using data compiled from various studies, estimation was conducted using Cost-Benefit Analysis. Results show that hosting the FIFA World Cup is not financially profitable for Indonesia. However, after accounting for potential social benefits, economic analysis suggested that in the short run, it potentially boosts tourism and income of related sectors. In the long run, benefits include acquiring top notch stadiums, provision of high quality infrastructure, training opportunities for talented young players, and exposure of Indonesia�s tourist attractions. These social benefits may outweigh the financial loss; making the hosting project economically viable.

scholarly journals Road Supply in Central London: Addition of an Ignored Social Cost

2014 ◽  
Author(s):  
Omid M. Rouhani ◽  
Christopher R. Knittel ◽  
Debbie Niemeier
Keyword(s):  
Social Cost ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Curve ◽  
Benefit Analysis ◽  
Long Run ◽  
The Social ◽  
Land Rents ◽  
The Cost ◽  
Congestion Charging

Studies examining the social cost of driving usually ignore the opportunity cost of having roads in place: the associated land rents. Especially for geographic regions where land is valuable, including the rent costs may even lead governments to close some roads. By using the London congestion charging zone case, a more general long-run social cost curve is calculated with the addition of the rents. Based on the optimal road usage concept, this study found that including the rents in the cost/benefit analysis significantly affects the results and can increase the social cost by up to 200% and decrease the optimal road usage by 40%.

scholarly journals A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions

Energies ◽  
2020 ◽  
Vol 13 (21) ◽  
pp. 5814
Author(s):  
Jesús Rodríguez-Molina ◽  
Pedro Castillejo ◽  
Victoria Beltran ◽  
Margarita Martínez-Núñez
Keyword(s):  
Combustion Engine ◽  
Cost Benefit Analysis ◽  
Power Grid ◽  
Sustainable Use ◽  
Cost Benefit ◽  
Point Of View ◽  
Benefit Analysis ◽  
Vehicle To Grid ◽  
Use Of Resources ◽  
Long Run

Although the increasing adoption of electric vehicles (EVs) is overall positive for the environment and for the sustainable use of resources, the extra effort that requires purchasing an EV when compared to an equivalent internal combustion engine (ICE) competitor make them less appealing from an economical point of view. In addition to that, there are other challenges in EVs (autonomy, battery, recharge time, etc.) that are non-existent in ICE vehicles. Nevertheless, the possibility of providing electricity to the power grid via vehicle-to-grid technology (V2G), along with lower maintenance costs, could prove that EVs are the most economically efficient option in the long run. Indeed, enabling V2G would make EVs capable of saving some costs for their vehicle owners, thus making them a better long-term mobility choice that could trigger deep changes in habits of vehicle owners. This paper describes a cost–benefit analysis of how consumers can make use of V2G solutions, in a way that they can use their vehicle for transport purposes and obtain revenues when injecting energy into the power grid.

The Economics of Crime: An Introduction to the Literature

1973 ◽  
Vol 19 (2) ◽  
pp. 138-149 ◽  
Author(s):  
Richard F. Sullivan
Keyword(s):  
Law Enforcement ◽  
Systems Analysis ◽  
Justice System ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Alternative Programs ◽  
Economics Of Crime ◽  
Benefit Analysis ◽  
Long Run ◽  
Program Budgeting

The rapidly growing influence of the economic approach to criminology in academic study and in policy-making is indicated in the abridged bibliography that follows this article. The economists have revived the model of the "rational" criminal and have reopened the question of punishment as a deterrent. In these new studies, however, there is a danger of ignoring the long-run social costs of any particular policy or law. In some circumstances it would be "irrational" for an ex-convict not to return to crime. By using methods such as cost-benefit analysis, systems analysis, and program budgeting, economists are striving to develop criteria for an improved allocation of resources in law enforcement. For research purposes, the econo mists assume that all divisions of the criminal justice system have one goal: the protection of society. All other presumed goals, such as deterrence, rehabilitation, prevention, punishment, and the law itself, are treated as alternative programs imple mented to achieve that goal.

scholarly journals Social cost-benefit analysis of regulatory policies to reduce alcohol use in The Netherlands

2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
G A de Wit ◽  
P F van Gils ◽  
E A B Over ◽  
A W M Suijkerbuijk ◽  
J Lokkerbol ◽  
...  
Keyword(s):  
Alcohol Use ◽  
Traffic Accidents ◽  
Social Cost ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Regulatory Policies ◽  
Excise Taxes ◽  
Societal Benefits ◽  
Long Run

Abstract Background If all costs and all benefits of alcohol use are expressed in monetary terms, the net costs were 2,3 to 4,2 billion euro in 2013. Examples of the costs of alcohol are less productivity at work, costs of police and justice and traffic accidents. Methods In this study three regulatory policies have been modelled using the Social Cost-Benefit Analysis (SCBA) approach. Regulatory policies aimed at curbing alcohol consumption were (1) an increase in excise taxes, (2) a reduction of the number of sales venues, and (3) a total mediaban for advertising alcohol. Results In the long run, over a period of 50 years, an increase in excise taxes of 50% will result in societal benefits of 4.5 to 10.7 billion euro, an increase of excise taxes of 200% will result in societal benefits of 12.2 to 35.8 billion euro. The societal benefits of closure of 10% of sales venues are estimated at 1.8 to 4.3 billion euro after 50 years, and at 4.6 to 10.7 billion euro when 25% of sales venues would be closed. The societal benefits of a mediaban would amount to 3.5 to 7.8 billion euro after 50 years, but this estimate is surrounded by uncertainty. Conclusions Regulatory policies aimed at reducing the amount of alcohol consumed, such as a further increase of excise taxes, a reduction of the number of sales venues and a total mediaban, will result in savings for society at large. However, costs and benefits are spread unequally over the different stakeholders.

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