scholarly journals The beautiful city and the rent from information. Monetary axiology of the shape surplus [La città bella e la rendita d’informazione. Assiologia monetaria dell’eccedenza di forma]

2020 ◽  
Vol 27 ◽  
pp. 53-66
Author(s):  
Annalaura Giannelli ◽  
Salvatore Giuffrida ◽  
Maria Rosa Trovato
Keyword(s):  
Cost Benefit Analysis ◽  
Flow Analysis ◽  
Cost Benefit ◽  
Public Works ◽  
Discounted Cash Flow ◽  
Scenario Analyses ◽  
Income Statement ◽  
The Face ◽  
Fundamental Categories ◽  
The Cost

This contribution is part of a larger study concerning the Cost Benefit Analysis of the Madrid-Rio Park, one of the main public works in the field of urban redevelopment in Europe over the last twenty years. The scale of the intervention and its effects on the urban arrangement of the Manzanares River area encourage reflections on some issues of the wealth redistribution in the face of such a huge investment amount; in this experimentation we try to stress some fundamental categories of them. The paper focuses on the monetary quantification of secondary benefits coming from the commercial, accommodation, spor ts and catering businesses located in the large areas made free after the burial of the stretch of the motorway once flanking the river. According to the logic of the business plan, a Discounted Cash Flow Analysis was carried out by transforming all items of the income statement into annual revenue and expenditure streams; therefore, the components of the secondary benefit generated, and their composition were analysed in terms of relevance with respect to the possible earners. At the same time, these results were compared with the data on concession fees charged by the Madrid administration and some hypotheses were made regarding the fees applicable to current and future business, by applying the residual value, as a result of risk and scenario analyses, carried out on the strategic variables of the investments. Finally, the overall result – related to all businesses comprised in the area, with regard to the differentiated concession fees applicable for each class of business – was compared with the current management costs of the park, providing one of the possible measurements of the efficiency of the current concessionary policy and indicating any other further potential.

scholarly journals Cost-benefit Analysis of RAP Incorporated Stone Matrix Asphalt Mixtures

2019 ◽  
Vol 8 (3) ◽  
pp. 6146-6149
Keyword(s):  
Production Cost ◽  
Cost Benefit Analysis ◽  
Asphalt Mixture ◽  
Cost Benefit ◽  
Asphalt Mixtures ◽  
Public Works ◽  
Reclaimed Asphalt ◽  
Cost Benefit Ratio ◽  
And Performance ◽  
The Cost

It is desirable to incorporate Reclaimed Asphalt Pavement into the asphalt mixtures, which provides several benefits i.e. economic, environmental and performance. It is necessary to study, the economic analysis of the RAP since that incur several contingencies to the asphalt mixtures. In this study, a simple approach is used to evaluate the production cost of the asphalt and RAP incorporated asphalt mixtures. Apart from that Waste Vegetable Oil (WVO) is used as a rejuvenator to enhance the properties of the mixture. In this study, asphalt mixture production cost is evaluated and cost of each material is taken from the Public Works Department Standard Scheduled of Rates (PWD – SSR) and the market survey techniques are followed. From the cost-benefit ratio, it is observed that the reduction in the Optimum Binder Content (OBC) provides great economic savings to the production cost. The incorporation of the RAP reduced the asphalt content and reduced the production cost of the asphalt mixtures. The addition of the WVO further reduced the OBC but increased the production cost compared to the non-rejuvenated mixture. The increase in the production cost is due to the extra cost invested on the WVO and other contingencies.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

What's it Worth? Improving Surface Water Quality

1999 ◽  
Vol 40 (10) ◽  
pp. 153-159 ◽  
Author(s):  
D. H. Newsome ◽  
C. D. Stephen
Keyword(s):  
Water Quality ◽  
Surface Water ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Surface Water Quality ◽  
Control Measures ◽  
Benefit Analysis ◽  
The Cost

Many countries are investing in measures to improve surface water quality, but the investment programmes for so doing are increasingly becoming subject to cost-benefit analysis. Whilst the cost of control measures can usually be determined for individual improvement schemes, there are currently no established procedures for valuing the benefits attributable to improved surface water quality. The paper describes a methodology that has been derived that now makes this possible.

scholarly journals Economic Analysis of the Use of VCS2000 for Pork Carcass Meat Yield Grading in Korea

Animals ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 1297
Author(s):  
Juntae Kim ◽  
Hyo-Dong Han ◽  
Wang Yeol Lee ◽  
Collins Wakholi ◽  
Jayoung Lee ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Feed Consumption ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Labor Costs ◽  
Meat Yield ◽  
The Cost

Currently, the pork industry is incorporating in-line automation with the aim of increasing the slaughtered pork carcass throughput while monitoring quality and safety. In Korea, 21 parameters (such as back-fat thickness and carcass weight) are used for quality grading of pork carcasses. Recently, the VCS2000 system—an automatic meat yield grading machine system—was introduced to enhance grading efficiency and therefore increase pork carcass production. The VCS2000 system is able to predict pork carcass yield based on image analysis. This study also conducted an economic analysis of the system using a cost—benefit analysis. The subsection items of the cost-benefit analysis considered were net present value (NPV), internal rate of return (IRR), and benefit/cost ratio (BC ratio), and each method was verified through sensitivity analysis. For our analysis, the benefits were grouped into three categories: the benefits of reducing labor costs, the benefits of improving meat yield production, and the benefits of reducing pig feed consumption through optimization. The cost-benefit analysis of the system resulted in an NPV of approximately 615.6 million Korean won, an IRR of 13.52%, and a B/C ratio of 1.65.

scholarly journals Beyond the Stern Review: Lessons from a risky venture at the limits of the cost–benefit analysis

2009 ◽  
Vol 68 (10) ◽  
pp. 2479-2484 ◽  
Author(s):  
Jean-Charles Hourcade ◽  
Philippe Ambrosi ◽  
Patrice Dumas
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Stern Review ◽  
The Cost

Inferring age from otolith measurements: a review and a new approach

2004 ◽  
Vol 61 (7) ◽  
pp. 1269-1284 ◽  
Author(s):  
RIC Chris Francis ◽  
Steven E Campana
Keyword(s):  
Simulation Experiment ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
New Method ◽  
Population Parameters ◽  
Benefit Analysis ◽  
Mixture Analysis ◽  
New Approach ◽  
Individual Fish ◽  
The Cost

In 1985, Boehlert (Fish. Bull. 83: 103–117) suggested that fish age could be estimated from otolith measurements. Since that time, a number of inferential techniques have been proposed and tested in a range of species. A review of these techniques shows that all are subject to at least one of four types of bias. In addition, they all focus on assigning ages to individual fish, whereas the estimation of population parameters (particularly proportions at age) is usually the goal. We propose a new flexible method of inference based on mixture analysis, which avoids these biases and makes better use of the data. We argue that the most appropriate technique for evaluating the performance of these methods is a cost–benefit analysis that compares the cost of the estimated ages with that of the traditional annulus count method. A simulation experiment is used to illustrate both the new method and the cost–benefit analysis.

Drug costs and treatment choices: a DTB symposium

1993 ◽  
Vol 31 (11) ◽  
pp. 41-44
Keyword(s):  
Cost Benefit Analysis ◽  
Health Benefit ◽  
Cost Benefit ◽  
Drug Costs ◽  
Benefit Analysis ◽  
Treatment Choices ◽  
The Subject ◽  
The Cost ◽  
The Relationship ◽  
Service Managers

The relationship between drug costs and treatment choices was the subject of the first annual Drug and Therapeutics Bulletin symposium held in March 1993.* In a time of severe financial constraints for the NHS it is important that the money available is well spent. In the case of treatment that means the benefits must be worth the cost. There is, however, no agreed way of deciding when a particular health benefit to an individual is worth the cost to the NHS. Drug prices are easier to measure and more consistent than the prices of other treatments, and may be more amenable to cost-benefit analysis. Treatment choices are made primarily by doctors but with critical input from patients, pharmacists, nurses and health service managers. In this article we give an overview of the symposium at which speakers described ways in which drug costs and treatment choices were tackled in general practice (Ann McPherson, John Howie), in hospital (Dorothy Anderson), in clinical research and audit (Iain Chalmers, Alison Frater), by consumers (Anna Bradley), by health economists (Mike Drummond) and by government (Joe Collier). We also take into account points raised in discussion by the participants.

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