scholarly journals Economic Basis of Digital Banking Services Produced by FinTech Company in Smart City

2021 ◽  
Vol 12 (23) ◽  
pp. 86-104
Author(s):  
Yelena Popova
Keyword(s):  
Smart City ◽  
Cost Benefit ◽  
Point Of View ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Economic Basis ◽  
Level Of Satisfaction ◽  
Economic Ground ◽  
Key Issues ◽  
Urbanization Rate

The accelerated urbanization rate results in the birth of the Smart City concept, presupposing the more efficient use of digital technologies for the benefit of inhabitants and businesses. The idea of digital banking is one of the key issues in a smart city concept. The research should demonstrate that the efficient and effective way to produce such kind of services is to use the fintech companies’ facilities. Many researchers study fintech from a technological point of view, the contribution of fintech to general banking, the level of satisfaction of customers with fintech products. However, there is a gap in studying the economic basis of these companies. The research aims to determine the economic basis for the projects implemented by the fintech company and to determine the source of the efficiency of these companies in financial operations compared to the conventional bank. It has additional importance since the analysis of research devoted to technological solutions demonstrates a certain lacuna in the economic substantiation of such smart solutions. The results of this study are based on the implementation of traditional Cost-Benefit and Total Cost of Ownership analyses and include the developed cost and income functions, calculated Benefit/Cost ratio, and demonstrated the source of efficiency of fintech company compared to a traditional bank. Therefore, the activities of a fintech company in the area of digital banking received the economic ground, and this fact decreases the gap between intuitive comprehension of the necessity of the introduction of smart solutions in practice and the economic substantiation of this process.

scholarly journals Cost-benefit analysis of pharmacist interventions over 36 months in a university hospital

2020 ◽  
Vol 54 ◽  
pp. 94
Author(s):  
Maurilio de Souza Cazarim ◽  
João Paulo Vilela Rodrigues ◽  
Priscila Santos Calcini ◽  
Thomas Einarson ◽  
Leonardo Régis Leira Pereira
Keyword(s):  
Marginal Cost ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
University Hospital ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Net Benefit ◽  
Hospital Perspective ◽  
Benefit Cost Ratio ◽  
Tertiary Teaching

OBJECTIVE: To perform a cost-benefits analysis of a clinical pharmacy (CP) service implemented in a Neurology ward of a tertiary teaching hospital. METHODS: This is a cost-benefit analysis of a single arm, prospective cohort study performed at the adult Neurology Unit over 36 months, which has evaluated the results of a CP service from a hospital and Public Health System (PHS) perspective. The interventions were classified into 14 categories and the costs identified as direct medical costs. The results were analyzed by the total and marginal cost, the benefit-cost ratio (BCR) and the net benefit (NB). RESULTS: The total 334 patients were followed-up and the highest occurrence in 506 interventions was drug introduction (29.0%). The marginal cost for the hospital and avoided cost for PHS was US$182±32 and US$25,536±4,923 per year; and US$0.55 and US$76.4 per patient/year. The BCR and NB were 0.0, -US$26,105 (95%CI -31,850 – -10,610), -US$27,112 (95%CI -33,160–11,720) for the hospital and; 3.0 (95%CI 1.97–4.94), US$51,048 (95%CI 27,645–75,716) and, 4.6 (95%CI 2.24–10.05), US$91,496 (95%CI 34,700–168,050; p < 0.001) for the PHS, both considering adhered and total interventions, respectively. CONCLUSIONS: The CP service was not directly cost-benefit at the hospital perspective, but it presented savings for forecast cost related to the occurrence of preventable morbidities, measuring a good cost-benefit for the PHS.

Celebrating the chameleon educational policy reforms of 2050

2021 ◽  
pp. 147821032110403
Author(s):  
Jennifer Clutterbuck
Keyword(s):  
Educational Policy ◽  
Global Education ◽  
Cost Benefit ◽  
Economic Cost ◽  
Cost Ratio ◽  
Policy Reforms ◽  
25Th Anniversary ◽  
Benefit Cost Ratio ◽  
Educational Engagement ◽  
The Right

The Chameleon Educational Policy Reforms’ (CEPR) 25th anniversary was celebrated at the Global General Assembly with the 2075 Decennial Analysis of Schooling (DecAS) announcement of the attainment of a benefit-cost ratio of >1.0. The attainment of a global positive net value of education is directly linked to the educational reforms established to ‘provide the right access to the right education for all people’ (CEPR, 2050). The Chameleon reforms, informed by The Algorithm, produce policies that instantly adapt to the learning environment and needs of students. Barriers that effect students’ learning are removed, in stark contrast to historic processes that viewed students as the barrier to be removed from learning environments. The case studies presented in this paper are guided by three questions: ‘Where are we now?’, ‘How did we get here?’, and ‘Are we there yet?’. Questioning the ‘here and now’, directs a look back from educational engagement currently governed by the CEPR to key moments and movements in the attainment of past grand policy announcements that no child be left behind to live in poverty. And ‘yet’, leads to critical consideration of the ongoing engagement with The Algorithm. Artifacts detailing the 2045 commencement of annual donations from the richest two percent to fully fund global education remain sealed. The results of the annual donations are, however, publicly available; and some would say exploited (Gerve, 2072). Achieving self-sustainable economic cost-benefit status for the CEPR may release the Donators from those agreements and untether society from the Donators.

Performance Measurement in Social Enterprises

2019 ◽  
pp. 205-231
Author(s):  
Ayla Zehra Öncer
Keyword(s):  
Performance Management ◽  
Balanced Scorecard ◽  
Social Impact ◽  
Cost Benefit ◽  
Social Enterprises ◽  
Cost Ratio ◽  
Impact Measurement ◽  
Expected Return ◽  
Benefit Cost Ratio ◽  
Benefit Cost

This chapter begins with the notion of performance management and then focuses on the concept of social impact in order to deeply examine the measurement of performance in social enterprises. The chapter argues the importance of measuring social impact which is the crucial process in social investment and discusses which measurement method to choose. It then introduces the classification of methods in various forms based on the related literature. The chapter continues by explaining the most frequently used social impact measurement methods including cost effectiveness and cost benefit analyses, social accounting and auditing, SROI, balanced scorecard, SIMPLE, benefit-cost ratio, BACO ratio, expected return metric, cost per impact, and blended value. Finally, the conclusion focuses on the overall perspective of the subject, critical areas to pay attention to, and limitations.

scholarly journals Guide to cost benefit analysis of community-based interventions

2014 ◽  
Vol 3 (5) ◽  
pp. 47
Author(s):  
Sanni Yaya ◽  
Xiaonan Li
Keyword(s):  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Community Based Interventions ◽  
Community Based ◽  
Benefit Cost Ratio ◽  
The Cost

This paper offers a general guide on how to conduct a proper economic analysis for community-based intervention projects. Identification and quantification of costs and benefits are the focus of the cost benefit analysis. We categorize costs and benefits from human and physical perspectives and pay special attention to the measures of saving human lives accompanied by the proposed calculation methods. We recommend net present value and benefit-cost ratio as the criteria to assess projects and highlight some challenges remaining in the analysis.

Efficient two-stage sequential arrays of proof of concept studies for pharmaceutical portfolios

2020 ◽  
pp. 096228022095817
Author(s):  
Linchen He ◽  
Linqiu Du ◽  
Zoran Antonijevic ◽  
Martin Posch ◽  
Valeriy R Korostyshevskiy ◽  
...  
Keyword(s):  
Cost Effectiveness ◽  
Cost Benefit ◽  
Cost Effective ◽  
Cost Ratio ◽  
Proof Of Concept ◽  
Type Iii ◽  
Benefit Cost Ratio ◽  
Stage 1 ◽  
Two Stages ◽  
Benefit Cost

Previous work has shown that individual randomized “proof-of-concept” (PoC) studies may be designed to maximize cost-effectiveness, subject to an overall PoC budget constraint. Maximizing cost-effectiveness has also been considered for arrays of simultaneously executed PoC studies. Defining Type III error as the opportunity cost of not performing a PoC study, we evaluate the common pharmaceutical practice of allocating PoC study funds in two stages. Stage 1, or the first wave of PoC studies, screens drugs to identify those to be permitted additional PoC studies in Stage 2. We investigate if this strategy significantly improves efficiency, despite slowing development. We quantify the benefit, cost, benefit-cost ratio, and Type III error given the number of Stage 1 PoC studies. Relative to a single stage PoC strategy, significant cost-effective gains are seen when at least one of the drugs has a low probability of success (10%) and especially when there are either few drugs (2) with a large number of indications allowed per drug (10) or a large portfolio of drugs (4). In these cases, the recommended number of Stage 1 PoC studies ranges from 2 to 4, tracking approximately with an inflection point in the minimization curve of Type III error.

Preliminary Cost-Benefit Analysis (CBA) for Safety Assist Technologies in ASEAN NCAP – Rationalizing the Impact to Road Safety for Malaysia’s Case

2014 ◽  
Vol 663 ◽  
pp. 596-603
Author(s):  
Zulhaidi Mohd Jawi ◽  
Aqbal Hafeez Ariffin ◽  
Yahaya Ahmad ◽  
Khairil Anwar Abu Kassim ◽  
Norlen Mohamed ◽  
...  
Keyword(s):  
Road Safety ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Effective ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Benefit Cost Ratio ◽  
Benefit Cost ◽  
The Impact ◽  
Rating Scheme

The newly established New Car Assessment Program for Southeast Asian Countries (ASEAN NCAP) has incorporated Safety Assist Technologies (SATs) in its automobile safety rating scheme. In order for any assessed car to be eligible for the maximum 5-star rating, it should first be equipped with Electronic Stability Control (ESC) and fitted with seatbelt reminder (SBR). However, since these SATs are not being evaluated in their performance by the means of field testing, this paper explains the benefit of having these SATs through Cost-Benefit Analysis (CBA) which help to rationalize the importance of SATs in preventing road accidents or mitigating severity of injuries. Due to data limitation, this preliminary CBA assessment will only be focusing on Malaysia’s situation and is based on published sources and the authors’ best estimates. This study also includes the Cost-Benefit Analysis on Anti-lock Braking System (ABS), which is the basis for ESC technology, in preparation for its inclusion in the future rating scheme to expedite the vision of making ABS as standard fit in all ASEAN’s passenger cars. The preliminary result shows that all technologies – ESC, SBR and ABS – appear to be cost-effective (benefit/cost-ratio > 3) or most likely cost effective (1 < benefit/cost-ratio < 3) in Malaysia’s road safety situation per se.

scholarly journals Analysis of Benefit Cost Ratio of Sesame Production under Demonstration in Low Lands of Western Zone, Tigray, Ethiopia

2021 ◽  
pp. 1-7
Author(s):  
Tewoderos Meleaku ◽  
Desaly Gebre Tshadike ◽  
Goteom Zenbe
Keyword(s):  
Production Cost ◽  
Cost Benefit ◽  
The Other ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Western Zone ◽  
The Mean ◽  
Seed Data ◽  
The Cost ◽  
Benefit Cost

This study aimed to investigate the cost-benefit of sesame production per hectare under (farmers practice, partial package and full package) practice were farmers performed side by side in their plot. Benefit cost ratio analyses of sesame was conducted in western low lands of Tigray. It includes the production year of 2016/17 E.C and bounded of two woredas with six production sites. In the present study 40 respondents of sesame producers were incorporated. Producers were categorized in to full package (row planting, fertilizer and improved seed users), partial package (broadcast, fertilizer and improved seed users) and non package (broad cast and improved seed). Data was analyzed using SPSS version 16 in terms of percentage, mean, model and others. On the other hand, per hectare yield, return, production cost, and benefit cost ratio of each package were statistically different. The mean productivity per hectare for full package, partial package and non package was 6.55, 5.26 and 3.85 quintal sequentially. The mean return per hectare of full package, partial package, and non package was 26243.75, 21746.25 and 13178.91 birr sequentially. The production cost per hectare of full package, partial package, and non package was 13826.74, 12561.35 and 8681.46 birr respectively. The mean benefit cost ratio was 1.90, 1.74 and 1.50 birr respectively for full package, partial package and non package.

scholarly journals Kajian Ekonomis PLT-Angin dan PLTS untuk Penerangan Jalan Umum (PJU)

ELKHA ◽  
2019 ◽  
Vol 10 (1) ◽  
pp. 33
Author(s):  
Erick Radwitya ◽  
Akhdiyatul Akhdiyatul
Keyword(s):  
Solar Cell ◽  
Cost Benefit ◽  
Cost Ratio ◽  
Benefit Cost Ratio ◽  
Break Even Point ◽  
Benefit Cost

Abstract–              Kabupaten Ketapang merupakan Kabupaten terluas, memiliki pantai yang memanjang dari selatan ke utara dan sebagian besar penduduk tinggal di pesisir pantai, dengan kecepatan angin rata-rata adalah 5,1 m/s dan persentase penyinaran matahari 70% merupakan yang tertinggi di Kalimantan Barat. Jika dilihat dari letak dan iklim, untuk memenuhi kebutuhan energi listrik dalam memenuhi kebebutuhan PJU di Kabupaten Ketapang. Salah satu solusi untuk memenuhi kebutuhan energi yang diperlukan PJU adalah Energi Angin dan Energi Surya. Guna mengoptimalkan potensi energi terbarukan yaitu energi angin dan energi surya yang ada di Kabupaten Ketapang untuk kebutuhan PJU maka perlu suatu Kajian Ekonomis Pembangkit Listrik Tenaga Angin Stand Alone dan Pembangkit Listrik Tenaga Surya Stand Alone untuk PJU. Analisis ekonomi adalah suatu analisis untuk mengetahui layak tidaknya suatu kegiatan untuk dilaksanakan dan titik beratnya pada hasil total, produktivitas dan keuntungan. Dalam analisis finansial ini biasanya digunakan Cost Benefit Analisys, Capital Recovery, Payback of Period, Break Even Point dan Benefit Cost Ratio. Hasil yang diperoleh dari kajian ini, untuk PLT Angin AWI-E500T biaya investasi awal senilai Rp. 41.688.350 dengan kapasitas produksi 723 kWh per tahun dan biaya investasi awal untuk PLTS Solar Cell senilai Rp. 18.625.800 dengan kapasitas produksi 204,4 kWh per tahun. Dari analisis ekonomi dengan menggunakan metode BCR, hasil nilai Benefit Cost Ratio untuk PLT Angin AWI E500T dan PLTS Solar Cell lebih besar dari 1 (BCR ≥ 1), ini berarti investasi  layak (feasible) untuk dilaksanakan. Keywords–PLT-Angin Stand Alone, PLTS Solar Cell Stand Alone, Penerangan Jalan Umum (PJU), dan Benefit Cost Ratio (BCR)

scholarly journals Energy Efficiency and Econometric Analysis of Organic Kiwifruit (Actinidia Deliciosa A. Chev.) Production

2021 ◽  
Vol 50 (4) ◽  
pp. 1051-1057
Author(s):  
Sunny Sharma ◽  
Vishal Singh Rana
Keyword(s):  
Energy Efficiency ◽  
Poultry Manure ◽  
Dairy Manure ◽  
Econometric Analysis ◽  
Organic Production ◽  
Point Of View ◽  
Cost Ratio ◽  
Energy Productivity ◽  
Superior Result ◽  
Benefit Cost Ratio

The energy exchange ratio of cultivation and different parameter values of input affecting the organic production of kiwifruit in the mid-hill Himalayan region of India during 2017 and 2018 was determined. The experimental trial was divided into 7 organic treatment i.e. T1 to T3 was sole application on equivalence 100 per cent Dairy manure (DM), Vermicompost (VC) and Poultry manure, T4 to T7 was a compound application of 50: 50 DM: PM, DM: VC and VC: PM and T7 in which DM = PM = VC applied on N equivalence. Five foliar sprays of organic formulation were applied in each of the treatment. The Energy efficiency and econometric analysis of organic kiwifruit production were examined. The highest energy inputs unit per hectare was utilized by T1 out of which over 86 per cent were from organic manure inputs and provided 26401.02 MJ/ha. The highest yield per hectare, as well as the output energy were observed in the treatment T5. Whereas the highest energy ratio, energy productivity, and specific energy were recorded under T2. Likewise, the highest productivity ratio and benefit-cost ratio were recorded under T7 which was followed by T2. From a farming point of view, the T2 gave the superior result because it has provided optimum amount output along with maximum returns. Bangladesh J. Bot. 50(4): 1051-1057, 2021 (December)

scholarly journals THE FINANCIAL IMPLICATIONS OF BODABODA TRANSPORT BUSINESS AMONG YOUTHS IN ARUSHA- COST BENEFIT ANALYSIS

2020 ◽  
Vol 7 (4) ◽  
pp. 177-185
Author(s):  
Kepha Luvinga ◽  
Simon Kilasara
Keyword(s):  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Present Value ◽  
Benefit Cost Ratio ◽  
Transport Services ◽  
Arusha Region ◽  
Benefit Cost

ABSTRACT This study reports upon the findings on the cost and profitability of bodaboda transport business among youths in Arusha. As used in this study, the term bodaboda applies for a two wheeled motorized taxi which provides ‘for hire’ type transport services to passengers and goods. The bodaboda have became an employment opportunity to many unskilled urban labour and further job opportunity to informal sector workers who wish to switch jobs in search of higher rewards. The questionnaires were used to collect data to 90 respondents from two districts of Arusha region namely Arusha and Meru district. Data analysis was done using descriptive statistics and cost benefit analysis. The finding from the study indicates that the bodaboda transport business is profitable with the benefit cost ratio (BCR) of 2.8 and the net present value (NPV) of 8,494,920Tsh for five years project duration. By having the benefit cost ratio and the net present value greater than 1, the bodaboda business is profitable and worth being undertaken. Based on the findings from the study it is recommended that the government authorities and all key stakeholders should regulate, and support the implementation of bodaboda bussiness through formalization of bodaboda associations, assurance of financial supports and capacity building to youths who engage or willing to engage in the business.

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