scholarly journals A cost–benefit analysis of Basel III: Some evidence from the UK

2012 ◽  
Vol 25 ◽  
pp. 73-82 ◽  
Author(s):  
Meilan Yan ◽  
Maximilian J.B. Hall ◽  
Paul Turner
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Basel Iii ◽  
Benefit Analysis ◽  
The Uk

Costing for ALARP

2005 ◽  
Author(s):  
Sirous F. Yasseri ◽  
Peter Menhennett
Keyword(s):  
Risk Reduction ◽  
Cost Benefit Analysis ◽  
Health And Safety ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Safety Level ◽  
Risk Reduction Measure ◽  
The Uk ◽  
Design Options ◽  
The Cost

A key principle for achieving Tolerable Risk under the UK Health and Safety Executive’s (HSE) approach is the reduction of risks to “As Low As Reasonably Practicable” or ALARP. This principle is founded on the ideal of reducing risks to a point of diminishing returns where additional risk reduction would cost “disproportionally” more than the risk reduction benefit achieved. The HSE approach of estimating the degree of disproportionality between the cost and benefits associated with a potential risk reduction measure is a variation of the Cost Effectiveness approach to ALARP Evaluation. A probabilistic cost-benefit analysis method is outlined for evaluating design options and establishing whether the conditions of ALARP are met. This paper demonstrates the value of probabilistic cost-benefit analysis for the selection of a target safety level and also presents an example of its practical application by way of a case history.

scholarly journals Book reviews

2013 ◽  
Vol 22 (70) ◽  
pp. 43-47
Author(s):  
John Sumsion ◽  
Patricia Layzell Ward
Keyword(s):  
Trend Analysis ◽  
Academic Libraries ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Library Services ◽  
Benefit Analysis ◽  
Economics Of Information ◽  
Information Professionals ◽  
The Uk

Kingma, Bruce R. The economics of information; A giode to economics and cost-benefit analysis for information professionals. Creaser, Claire and Spiller, Davis. LISU annual library statistics: Featuring trend analysis of UK public and academic libraries. Creaser, Claire. A survey of library services to schools and children in the UK 1995-96.

The gentle tyranny of cost–benefit analysis in transport appraisal

2019 ◽  
pp. 131-152
Author(s):  
Robin Hickman
Keyword(s):  
Decision Making ◽  
Planning Process ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Decision Making Process ◽  
Benefit Analysis ◽  
Transport Planning ◽  
The Uk ◽  
Economic Criteria

This chapter considers the application of cost-benefit analysis in the UK transport planning process, asking whether a reliance on narrow economic criteria, and a centralised decision-making process, helps us to progress sufficiently against wide-ranging sustainability goals. A case study of the proposed Merseytram is examined, a project that remains unimplemented from the early 2000s.

scholarly journals A Simple Framework for the Cost–Benefit Analysis of Single-Task Construction Robots Based on a Case Study of a Cable-Driven Facade Installation Robot

Buildings ◽  
2020 ◽  
Vol 11 (1) ◽  
pp. 8
Author(s):  
Rongbo Hu ◽  
Kepa Iturralde ◽  
Thomas Linner ◽  
Charlie Zhao ◽  
Wen Pan ◽  
...  
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Policy Makers ◽  
Single Task ◽  
Construction Methods ◽  
Traditional Construction ◽  
The Uk ◽  
The Cost

Single-task construction robots (STCRs) have become a popular research topic for decades. However, there is still a gap in the ubiquitous application of STCRs for onsite construction due to various reasons, such as cost concerns. Therefore, cost–benefit analysis (CBA) can be used to measure the net economic benefit of the STCRs, compared to traditional construction methods, in order to boost the implementation of STCRs. This paper presents a simple and practical framework for the economic evaluation of STCRs and conducts a case study of a cable-driven facade installation robot to verify the method. The results show that the cable-driven robot for facade installation is worth investing in in the UK, as well as in the majority of G20 countries. Furthermore, other socioenvironmental implications of STCRs and the limitations of the study are also discussed. In conclusion, the proposed method is highly adaptable and reproducible. Therefore, researchers, engineers, investors, and policy makers can easily follow and customize this method to assess the economic advantages of any STCR systems, compared to traditional construction technologies.

scholarly journals A cost-benefit analysis model for the retrofit of sustainable urban drainage systems towards improved flood risk mitigation

2019 ◽  
Vol 38 (3) ◽  
pp. 423-439
Author(s):  
Oluwayemi A. Oladunjoye ◽  
David G. Proverbs ◽  
Beck Collins ◽  
Hong Xiao
Keyword(s):  
Flood Risk ◽  
Cost Benefit Analysis ◽  
Risk Mitigation ◽  
Cost Benefit ◽  
Flood Risk Management ◽  
Urban Drainage ◽  
Benefit Analysis ◽  
Analysis Model ◽  
Content Type ◽  
The Uk

Purpose The Environment Agency estimates that one in six homes in England (approximately 5.2m properties) are at risk from flooding and 185,000 commercial properties are located in flood-prone areas. Further, an estimate of 10,000 new homes are built on flood plains yearly. The UK has witnessed a significant increase in flood events over the past 10 years. During this period, there has been growing research attention into measures to mitigate the effects of flooding, including the benefits of deploying sustainable urban drainage systems (SuDs) in new developments or as a retrofit. The purpose of this paper is to present the development of a cost-benefit analysis model for the retrofit of SuDs focusing on the potential for improved flood risk mitigation in the context of commercial properties. Design/methodology/approach A synthesis of flood risk management and SuDs literature is used to inform the development of a conceptual cost-benefit analysis model for the retrofit of SuDs and focusing on the potential for improved flood risk mitigation in the context of commercial properties. Findings SuDs have been applied successfully in different parts of the world; however, the uptake of SuDs, in particular, the retrofit of SuDs, has been restricted by a number of issues including a lack of experience and trust in their performance and a lack of understanding in their true benefits. In particular, there is the limited experience of retrofitting SuDs and there are no well-established procedures for evaluating the feasibility, value or cost effectiveness of doing this. Social implications This offers the potential to support the UK government’s flood risk management policy by helping to increase the resilience of properties, whilst offering other benefits to communities such as improvements in air quality and biodiversity and also presenting a clearer understanding of the monetary and non-monetary implication to owners of commercial properties for a more informed and acceptable uptake of SuDs retrofit. Originality/value The proposed model will allow a more comprehensive understanding of the costs and associated benefits associated with SuDs retrofit, highlighting the flood risk mitigation benefits that might accrue over a period of time for commercial property.

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