The Analysis of Marginal Costs

Author(s):  
Ralph Turvey
Keyword(s):  
Water Policy ◽  
2005 ◽  
Vol 7 (5) ◽  
pp. 469-483
Author(s):  
Tishya Chatterjee

In conditions of severe water-pollution and dormant community acceptance of accumulating environmental damage, the regulator's role goes beyond pollution prevention and more towards remediation and solutions based on the community's long-term expectations of economic benefits from clean water. This paper suggests a method to enable these benefits to become perceptible progressively, through participatory clean-up operations, supported by staggered pollution charges. It analyses the relevant literature on pollution prevention and applies a cost-based “willingness to pay” model, using primary basin-level data of total marginal costs. It develops a replicable demand-side approach imposing charge-standard targets over time in urban-industrial basins of developing countries.


2020 ◽  
Vol 139 ◽  
pp. 455-471
Author(s):  
Jan-Eric Nilsson ◽  
Kristin Svensson ◽  
Mattias Haraldsson
Keyword(s):  

2021 ◽  
Vol 52 (1) ◽  
pp. 151-178
Author(s):  
Stuart V. Craig ◽  
Matthew Grennan ◽  
Ashley Swanson

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3432
Author(s):  
McKenzie Thomas ◽  
Kimberly L. Jensen ◽  
Dayton M. Lambert ◽  
Burton C. English ◽  
Christopher D. Clark ◽  
...  

Biochar is a co-product of advanced biofuels production from feedstocks including food, agricultural, wood wastes, or dedicated energy crops. Markets for soil amendments using biochar are emerging, but little is known about consumer preferences and willingness to pay (WTP) for these products or the depth of the products’ market potential for this product. This research provides WTP estimates for potting mix amended with 25% biochar, conditioned on consumer demographics and attitudes about product information labeling. Data were collected with an online survey of 577 Tennessee home gardeners. WTP was elicited through a referendum contingent valuation. Consumer WTP for an 8.81 L bag of 25% biochar potting mix is $8.52; a premium of $3.53 over conventional potting mix. Demographics and attitudes toward biofuels and the environment influence WTP. Biochar amounts demanded are projected for the study area’s potential market. Optimal prices, profits, and market shares are estimated across different marginal costs of producing biochar potting mix.


1997 ◽  
Vol 119 (4) ◽  
pp. 885-892 ◽  
Author(s):  
A. Agazzani ◽  
A. F. Massardo

The aim of this work is to demonstrate the capability of an original “modular” simulator tool for the thermoeconomic analysis of thermal-energy systems. The approach employed is based on the Thermoeconomic Functional Analysis (T.F.A.), which, through definition of the “functional productive diagram” and the establishment of the capital cost function of each component, allows the marginal costs and the unit product costs, i.e., the “internal economy,” of the functional exergy flows to be obtained in correspondence to the optimum point. The optimum design of the system is obtained utilizing a traditional optimization technique, which includes both physical structure of the energy system described in terms of thermodynamic variables and cost model (capital cost of the components, maintenance and amortization factors, unit fuel cost, unit electricity cost, etc.). As an application example to show the practicability of the tool, the thermoeconomic analysis of various complex multipressure combined cycles (with or without steam reheating) is carried out. The results are analyzed and discussed in depth.


2016 ◽  
Vol 50 (1) ◽  
pp. 91-103 ◽  
Author(s):  
Daniel Flores ◽  
Vitaliy Kalashnikov

2000 ◽  
Vol 89 (S 01) ◽  
pp. S23-S26 ◽  
Author(s):  
R van Haselen

AbstractObjective: The practical implementation of a staged, multifaceted research agenda for the economic evaluation of complementary medicine (CM) at the Royal London Homoeopathic Hospital (RLHH).Method: The relative importance of economic evaluation as an evidence base of CM was assessed via a survey conducted with purchasers (n=481). The marginal costs of providing complementary care for patients with rheumatoid arthritis were calculated. The use, and changes in the use, of conventional medicines for patients’ main complaints were established retrospectively (n=499) and prospectively (n=70). Health-related quality of life (patient utility) of newly referred patients was assessed with the EQ-5D (EuroQol) instrument (n=70) on a 100 mm (0=worst, 100=best) scale.Results: Economic evaluation was rated ‘important’ as an evidence base, after safety and RCT data (‘very important’). Consultation time (doctors and dietician) contributed 29% of the total costs of treating rheumatoid arthritis. The retrospective survey showed that many patients on conventional medication were able to stop (29%) or reduce (32%) intake in the course of treatment. The median (quartiles) health state of newly referred patients was 70 mm (50,78) in men and 60 mm (36,73) in women. Some results of an interim analysis of 6 months follow-up data are reported.Conclusions: Economic evaluation of CM is becoming increasingly important and should take place by using a multifaceted, staged approach. Before embarking on randomised trials, observational data on cost, effectiveness and utility should be collected. The cost-effectiveness of CM appears to be most sensitive to the duration of the consultation.


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