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what needs to be changed for CBA to become a useful tool for a green approach to policy-making. …
Persistent link: https://www.econbiz.de/10009352885
This paper performs an ex-post cost-benefit analysis (CBA) of the Metro system in Stockholm built in the 1950s. We find …
Persistent link: https://www.econbiz.de/10010760065
Cost-benefit analysis (CBA), as a distinctive tool for public investment projects evaluation laying in the portfolio of … their success, while the government’s actions are in explicit contradiction with the market test. In this paper, CBA is …
Persistent link: https://www.econbiz.de/10010965620
This essay argues for adopting a Christocentric vision, as opposed to the anthropocentric one, where man, with his reason and science, believes he can solve everything. But both A. Einstein and J.M. Keynes believed that the new issues (generated by the crisis) cannot be solved with the same...
Persistent link: https://www.econbiz.de/10010965637
By defining some behaviors as crimes, law defines incentives and protects society from direct and indirect, tangible and intangible negative impacts. Whatever the severity of the prescribed penalties for those that prevaricate, society and its institutions need to act at the level of law...
Persistent link: https://www.econbiz.de/10010969132
Making decisions about optimal investments in green infrastructure necessitates setting social discount rates. This paper suggests a practical way for determining the discount rate for projects or programmes in which one of the options is to maintain or restore land to an undeveloped state. We...
Persistent link: https://www.econbiz.de/10010987511
This paper shows that implicit assumptions about the numeraire good in the Kaldor–Hicks efficiency–equity analysis involve a “same-yardstick” fallacy (a fallacy pointed out by Paul Samuelson in another context). These results have negative implications for cost-benefit analysis, the...
Persistent link: https://www.econbiz.de/10010989169
Persistent link: https://www.econbiz.de/10010989537
Sustainable financing of the environment protection can be defined as the capacity of providing the long-term, stable and sufficient financial resources and granting them, in an adequate and rhythmic manner, in order to cover the necessary costs for protecting the environment protected areas and...
Persistent link: https://www.econbiz.de/10010992009
The intervention of dual dispatch defibrillation by ambulance and fire services in the County of Stockholm had positive economic effects. For the cost-benefit analysis, the return on investment was high and the cost-effectiveness showed levels below the threshold value for economic efficiency...
Persistent link: https://www.econbiz.de/10010993942