An attempt is made to broaden the purview of fiscal impact analysis to include impacts on the local private sector that may stem from local public sector changes. More specifically, attention is focused on the limiting case, in which new private sector development yields positive changes in...

The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services properly reflect their true value to society. However, because of (a) imperfections in the pricing mechanisms that currently influence private-sector decision making; (b) the...

This paper complements other work which has evaluated the cost impacts of radiation standards on the nuclear industry. It focuses on the approaches to valuation of the health and safety benefits of radiation standards and the actual and appropriate processes of benefit-cost comparison. A brief...

Decisionmakers representing government agencies must balance competing objectives when deciding on the purchase and sale of assets. The goal in all cases should be to make prudent or financially {open_quotes}cost-effective{close_quotes} decisions. That is, the revenues from the purchase or sale...

In 1993 the DOE Office of Energy Efficiency and Renewable Energy (EE) initiated a program called Quality Metrics. Quality Metrics was developed to measure the costs and benefits of technologies being developed by EE R&D programs. The impact of any new technology is directly related to its...

In support of the federal government's efforts to raise the minimum energy-efficiency standards for residential-type central air conditioners and heat pumps, a consumer life-cycle cost (LCC) analysis was conducted to demonstrate the economic impacts on individual consumers from revisions to the...

Uncertainty analysis of our integrated climate assessment model has revealed the importance of obtaining better market and non-market impacts. Improving market and non-market damage assessments has necessitated advances in the theoretical and applied dimensions of the problem. The assessment of...

The impact on a utility incorporating wind turbine generation due to wind speed sampling frequency, wind turbine performance model, and wind speed forecasting accuracy is examined. The utility analyzed in the study was the Los Angeles Department of Water and Power and the wind turbine assumed...

Claims of property value loss are commonly raised by homeowners when noxious facilities are sited or when new information about the hazards of existing facilities is made public. While the capitalization of externalities into land values is consistent with economic theory, empirical measurement...

The US Department of Energy (DOE) is privatizing the processing of hazardous and radioactive tank waste at the Hanford Site in Washington State. As part of the privatization process, a request for proposals describing the conditions and DOE`s expectations for contractor performance and...