This project develops and applies a cost-benefit analytic framework to evaluate a specific policy option facing the state of Maryland: To operate an early release program for adult inmates within a therapeutic boot camp facility, or a traditional prison that also emphasizes treatment. Drawing on...

The measurement of travel costs in recreational demand modeling has been a contentious issue for many decades. This article explores the use of a number of alternative methods of incorporating time costs in the travel cost modeling process. Travel cost values where the opportunity cost of time...

Benefit transfer has been an important, practical policy tool appealing to government agencies, especially when time or budget is constrained. However, the existing literature fails to support convergent validity of benefit transfer using the stated-preference method. This empirical study...

Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...

Diese Doktorarbeit bewertet und analysiert den Wert der Wälder als Erholungsgebiete (Walderholung) in Europa und berücksichtigt dabei Aspekte von Raum und Zeit für die Bewertung bestehender und neuer Wälder. Die Analyse der Werte, die der Walderholung in Europa beigemessen werden, wird...

Decision making in environmental management is faced with uncertainties associated with related environmental variables and processes. Decision makers are inclined to use resources to acquire better information in one or more uncertain variable(s). Typically, with limited resources available,...

The purpose of this paper is to test an international oil and gas market model, hypothesised to arrive at new indicator of pure composite political risk for country oil and gas sectors. Current political risk ratings are largely subjectively quantified and are not frequently published. Investors...

The purpose of this paper is to test an international bank market pricing model, hypothesised to arrive at new indicator of pure composite political risk for country banking sectors. The motivation is that current political risk ratings (rating social, legal and cultural factors that impact...

Mit der Liberalisierung des europäischen Marktes für elektrische Energie haben sich die Randbedingungen für alle in diesem Markt tätigen Unternehmen grundlegend verändert. Um das langfristige Ziel eines europäischen Binnenmarktes zu erreichen, sind erhebliche Eingriffe in die unter...

Aircraft design has recently experienced a trend away from performance centric design towards a more balanced approach with increased emphasis on engineering an economically successful system. This approach focuses on bringing forward a comprehensive economic and life-cycle cost analysis, which...