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The costs and benefits of providing open space in cities
Rouwendal, Jan; Straaten, J. Willemijn van der - 2008
Although many researchers have investigated the value of open space in cities, few of them have compared them to the costs of providing this amenity. In this paper, we use the monocentric model of a city to derive a simple cost-benefit rule for the optimal provision of open space. The rule is...
Persistent link: https://www.econbiz.de/10011373817
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Non-marginal cost-benefit analysis and the tyranny of discounting
Vermeylen, Koen - 2013
This paper uses the Kaldor-Hicks compensation principle to compute the present value (PV) of a non-marginal future event. Three theoretical results stand out: First, decreasing returns to capital create a wedge between the PV of future generations' willingness to pay (WTP) and the PV of their...
Persistent link: https://www.econbiz.de/10010227375
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The costs and benefits of providing open space in cities
Rouwendal, Jan; Straaten, J. Willemijn van der - 2008
Persistent link: https://www.econbiz.de/10003645113
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Measuring the economic value of a marine protection program against the introduction of non-indigenous species in the Netherlands
Nunes, Paulo A. L. D.; Bergh, Jeroen C. J. M. van den - 2002
Harmful algal bIoom species are the cause of important damages to marine living resources and human beings. These marine species are primarily introduced in North-European waters through ballast water, i.e. water trans-ported across the oceans so as to keep a vessel in balance. Port authorities...
Persistent link: https://www.econbiz.de/10011326955
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The economics of participatory value evaluation
Dekker, Thijs; Koster, Paul; Mouter, Niek - 2019
This paper develops a novel approach to the economic evaluation of public policies: participatory value evaluation (PVE). PVE involves citizens directly in decisions of the government, taking into account governmental and individual budget constraints. Citizens receive reliable information on...
Persistent link: https://www.econbiz.de/10011960504
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Valuation of travel time and travelIer information
Rietveld, Piet - 2003
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
Persistent link: https://www.econbiz.de/10011333900
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Biodiversity prospecting over time and under uncertainty : a theory of sorts
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2013
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10010224811
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Voluntary participation and intergenerational risk sharing in a funded pension system
Beetsma, Roel; Romp, Ward E.; Vos, Siert J. - 2011 - This version: March 16, 2011
We explore the feasibility of a funded pension system with intergenerational risk sharing when participation in the … increases with risk aversion and financial market uncertainty. We find that it is likely that mandatory participation is … necessary to sustain a funded pension pillar and to let participants benefit from intergenerational risk sharing. …
Persistent link: https://www.econbiz.de/10011386164