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Using happiness surveys to value intangibles : the case of airport noise

Praag, Bernard M. S. van; Baarsma, Barbara - 2004

sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey …

Persistent link: https://www.econbiz.de/10011334840

Transport investment appraisal and the environment

Nijkamp, Peter; Ubbels, Barry; Verhoef, Erik T. - 2002

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Persistent link: https://www.econbiz.de/10011327843

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

The consumption discount rate for the distant future (if we do not die out)

Vermeylen, Koen - 2013

Gollier and Weitzman (2010) show that if future consumption discount rates are uncertain and persistent, the consumption discount rate should decline to its lowest possible value for events in the most distant future. In this paper, I argue that the lowest possible growth rate of consumption per...

Persistent link: https://www.econbiz.de/10010227389

Expected utility and catastrophic risk

Ikefuji, Masako; Laeven, Roger; Magnus, Jan R.; Muris, Chris - 2014

An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...

Persistent link: https://www.econbiz.de/10010412466

Second-best urban tolls in a monocentric city with housing market regulations

Tikoudis, Ioannis; Verhoef, Erik T.; Ommeren, Jos van - 2015

This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...

Persistent link: https://www.econbiz.de/10010464784

A cost-effectiveness analysis for incineration or recycling of Dutch household plastics

Gradus, Raymond; Van Koppen, Rick; Dijkgraaf, Elbert; … - 2016

-to-energy plant using data for the Netherlands. Both options have specific benefits and costs. The benefits of recycling are the … significant costs, such as collection costs and recycling costs involved for plastic recycling by municipalities. The benefits of … sector, but this requires a waste-to-energy plant with the associated capital investments. Summing all the costs and benefits …

Persistent link: https://www.econbiz.de/10011479803

The realities of using "benefit transfers" in transport decision-making

Button, Kenneth John; Nijkamp, Peter - 1998

There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...

Persistent link: https://www.econbiz.de/10011284076

Ecological-economic analysis of wetlands

Turner, Robert Kerry; Bergh, Jeroen C. J. M. van den; … - 1998

Wetlands all over the world have been lost or are threatened in spite of various international agreements and national policies. This is caused by: (1) the public nature of many wetlands products and services; (2) user externalities imposed on other stakeholders; and (3) policy intervention...

Persistent link: https://www.econbiz.de/10011284097

An environmental-economic assessment of genetic modification of agricultural crops

Bergh, Jeroen C. J. M. van den; Holley, Justin M. - 2001

The advantages and disadvantages of genetic modification of organisms in agriculture are reviewed. These relate to the environment, human health, socio-economic effects, population growth, and differential consequences for developed and developing countries. An overall evaluation requires that...

Persistent link: https://www.econbiz.de/10011316889

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