scholarly journals Open Access in Scientific Information: Sustainability Model and Business Plan for the Infrastructure and Organization of OpenAIRE

2021 ◽  
Vol 12 (1) ◽  
pp. 170-198
Author(s):  
Phoebe Koundouri ◽  
Nikos Chatzistamoulou ◽  
González Davila ◽  
Amerissa Giannouli ◽  
Nikolaos Kourogenis ◽  
...  
Keyword(s):  
Open Access ◽  
Cost Benefit Analysis ◽  
Research Output ◽  
Public Awareness ◽  
Scientific Information ◽  
Economic Value ◽  
Cost Benefit ◽  
Preference Ranking ◽  
Long Run ◽  
Non Market Valuation

AbstractIn 2008 European Commission launches the open access infrastructure for research in Europe project (OpenAIRE), supporting open access (OA) in scientific information and research output. In this paper, we assess the economic sustainability of the OpenAIRE project. The empirical strategy is developed through a Cost–Benefit Analysis framework to evaluate and compare the costs and benefits of OpenAIRE services to provide recommendations on the project’s economic efficiency and sustainability, a non-market valuation method based on the results of a “Choice Experiment” to calculate the Total Economic Value generated by OpenAIRE and a full preference ranking approach. Findings indicate that stakeholders prefer interoperability between research platforms and output, better access to scientific results and compliance to OA mandates. Furthermore, net social benefits for the basic services for 15 years are at least five times higher than costs’ present value while the potential R&D effect from research suggests even larger benefits in the long run. Subscriptions based on the estimated willingness to pay and cost, institutional subsidies and public awareness are the main recommendations for the sustainable operation of OpenAIRE. This study contributes to the literature on monetary valuation of the benefits and costs of OA to scientific knowledge.

scholarly journals Cost–Benefit Analysis of Municipal Sludge as a Low-Grade Nutrient Source: A Case Study from South Africa

2020 ◽  
Vol 12 (23) ◽  
pp. 9950
Author(s):  
Eyob Habte Tesfamariam ◽  
Zekarias Mihreteab Ogbazghi ◽  
John George Annandale ◽  
Yemane Gebrehiwot
Keyword(s):  
Cost Benefit Analysis ◽  
Arid Zone ◽  
Economic Value ◽  
Cost Benefit ◽  
Economic Feasibility ◽  
Inorganic Fertilizer ◽  
Bench Mark ◽  
Low Grade ◽  
Municipal Sludge ◽  
Humid Zone

Municipal sludge has economic value as a low-grade fertilizer as it consists of appreciable amounts of the macro and micronutrients. When using sludge as fertilizer, the economic aspect should be taken into account. In this study, the following specific objectives were identified: (a) to investigate the economic feasibility of using sludge as a fertilizer; (b) to estimate the maximum economic distance sludge can be transported as a fertilizer; and (c) to test the economic feasibility of selling sludge using commercial inorganic fertilizer as a bench mark. The study showed that for anaerobically digested, paddy dried, municipal sludge consisting of 3% N, 2% P, and 0.3% K the economic feasibility of transporting the sludge was limited to a diameter of 20 km in the arid zone, 28 km in the semi-arid zone, 51 km in the sub humid zone, 66 km in the humid zone, and 75 km in the super-humid zone. Therefore, the economic feasibility of using sludge as a substitute for or complementary to commercial inorganic fertilizer is dictated by the distance between the wastewater care work and the farm, sludge nutrient concentration, agro-ecological zone (rain and temperature), and the real-time commercial inorganic fertilizer price.

scholarly journals The Application of Economic Value Added on Green Facilities of Urban Agriculture

2018 ◽  
Vol 57 ◽  
pp. 05001
Author(s):  
Kuo Wei Hsu ◽  
Shang Zhen Liao
Keyword(s):  
Urban Agriculture ◽  
Agricultural Production ◽  
Cost Benefit Analysis ◽  
Economic Value ◽  
Value Added ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Economic Value Added ◽  
Psychological Benefits ◽  
Production And Consumption

Green facilities of urban agriculture offer a fertile ground for green innovation, such as rooftop gardens, green curtains, and indoor plant growing, which create a new forms of urban farming economy. The previous studies for cost-benefit analysis of urban agriculture indicated that green facilities could contribute both quantitative and qualitative benefits. The value of green facility strategies of urban agriculture may often be underestimated without transforming qualitative benefits to quantitative benefits. This study examined the effects of green facilities of urban agriculture development in Taiwan. The market reaction was explored by adopting economic value added (EVA) technique for the measurement of both quantitative and qualitative value contributed by green facilities. The results from this study support that there exists interaction between qualitative factors such as indirect economic benefits and social psychological benefits and quantitative factors, agricultural production and energy saving impacted by green facilities. The study concluded that consumers of urban agricultural crops are willing to pay more for eco-friendly products. The establishment of relationship between urban agricultural production and consumption can contribute to sustainability while generating economic opportunities.

Benefit-transfer valuation of a cultural heritage site: the Petroglyph National Monument

2009 ◽  
Vol 15 (1) ◽  
pp. 39-57 ◽  
Author(s):  
CARLOS A. ULIBARRI ◽  
VICTOR C. ULIBARRI
Keyword(s):  
Willingness To Pay ◽  
Cultural Heritage ◽  
Cost Benefit Analysis ◽  
Rock Art ◽  
Economic Value ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Benefit Transfer ◽  
National Monument ◽  
Heritage Site

ABSTRACTThis paper applies a household production framework (Becker, 1971) to infer the economic value of a cultural heritage site, namely, the Petroglyph National Monument, situated in Albuquerque, New Mexico, USA. The empirical analysis uses benefit-transfer techniques from three source studies: those of Bergstrom and Cordell (1991) and Boxall et al. (2003), which concern willingness-to-pay to hike and view rock art sites; and those of Rolfe and Windle (2003, 2006), which concern willingness-to-pay by Aboriginal and general populations to preserve a cultural heritage site containing rock art. The benefit-transfer analysis estimates recreational values between 3.75 million and 7 million dollars per year (depending on perceptions of the cultural attribute quality) and a nonuse value of approximately 12.5 million dollars per year. By comparison the annualized costs of developing/operating the study site are 8.5 million dollars per year. Thus a partial cost-benefit analysis suggests the study site yields net economic benefits upwards of 7.8 million dollars per year.

scholarly journals Optimal spatio-temporal design for water quality monitoring networks in maximizing economic value of information

2019 ◽  
Vol 281 ◽  
pp. 03004 ◽  
Author(s):  
François Destandau ◽  
Youssef Zaiter
Keyword(s):  
Water Quality ◽  
Value Of Information ◽  
Cost Benefit Analysis ◽  
Economic Value ◽  
Cost Benefit ◽  
Water Quality Monitoring ◽  
Quality Monitoring ◽  
Monitoring Networks ◽  
Spatio Temporal ◽  
The Cost

The Water Framework Directive 2000/60/EC draw attention to Water Quality Monitoring Networks (WQMN) that allows the acquisition of information regarding water streams. Information could be acquired by a spatial and/or temporal approach. However, there is a cost for monitoring water quality. Hence, to determine the spatio-temporal design of the network, the Economic Value of Information must be known to undertake a cost-benefit analysis. In this study, we show how the calculation of the EVOI can help the network manager to answer questions such as: is the cost of monitoring justified? How to allocate a budget between adding a monitoring station or increasing the frequency of measurement of existing stations?

Organizational Politics, Strategic Change and the Evaluation of CAD

1996 ◽  
Vol 11 (1) ◽  
pp. 51-58 ◽  
Author(s):  
Martin Harris
Keyword(s):  
Computer Aided Design ◽  
Strategic Change ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Senior Management ◽  
Early Adoption ◽  
Long Run ◽  
Sector Analysis ◽  
Effective Use ◽  
Aided Design

This paper uses a ‘case in sector’ analysis to investigate the extent to which the success criteria imposed by cost accounting constrains the ability of engineers to acquire and make effective use of computer aided design (CAD). The paper examines two periods of CAD investment in a sample of UK manufacturers. In the first ‘early adoption’ period CAD proposals were made by junior engineers on a locally initiated ‘bottom up’ basis. Proposals were made according to the dictates of conventional cost benefit analysis, engineering and accounting priorities were separate, and senior management were not involved. In the second ‘general adoption’ period there was a general uptake of CAD throughout the sector. The paper demonstrates that the evaluation of CAD was influenced not just by the rival claims of accountants and engineers, but also by long run changes in the operating environment, and by the control devices employed by senior management. The findings bear out the view of technological change as a socially negotiated process. However, it would appear that the oranizational practices associated with CAD evaluation are continually re-negotiated in the light of dynamic organizational interests and changes in the broader sectoral context.

Research on “Big Ticket” Items: Ethical Implications for Equitable Access

1994 ◽  
Vol 22 (2) ◽  
pp. 148-151 ◽  
Author(s):  
Robert M. Veatch
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Marrow Transplant ◽  
Public Controversy ◽  
Innovative Therapy ◽  
Ethical Implications ◽  
Medical Needs ◽  
Basic Care ◽  
Long Run ◽  
Therapy Cost

“Big ticket” items in medicine pose a moral puzzle. We can call it the “Coby Howard puzzle,” after the boy whose need for an expensive bone marrow transplant forced Oregonians to reassess their policy of prohibiting this and other expensive “big ticket” procedures in favor of more low-tech, apparently cost-efficient interventions. The Oregon rationing debate was stimulated by the concern that expenditures on “big ticket” medical treatments for life-threatening disease were coming at the expense of low-tech, preventive “basic” care like immunizations, wellbaby clinics, and prenatal care.Another recent example was the public controversy over expenditures of over $1,800 per day on a project to try to separate Siamese twins conjoined at the heart. The physicians, prior to the procedure, claimed there was a one percent chance of success. It was reported that 50,000 children in Philadelphia could be immunized at the cost of that innovative therapy. Cost-benefit analysis suggests that much greater good would be done in the long run if we ignored the expensive, long-shot, high-risk projects and focused on basic medical needs.

scholarly journals Valuasi Nilai Ekonomi Total dari Pemanfaatan Limbah B3 Slag Baja sebagai Bahan Pengerasan Jalan (incomplete)

2021 ◽  
Vol 6 (2) ◽  
Author(s):  
Lydia Suwargana Putri ◽  
Iwan Juwana
Keyword(s):  
Cost Benefit Analysis ◽  
Economic Value ◽  
Steel Slag ◽  
Cost Benefit ◽  
Value Assessment ◽  
Benefit Analysis ◽  
Financial Feasibility ◽  
Total Economic Value ◽  
Road Paving ◽  
Slag Waste

A common issue is that B3 steel slag waste produced by the iron and steel smelting industry is often dumped into the environment and can  lead to environmental pollution. The hazardous waste management that can be performed  is the use  of B3 steel slag waste as a road paving material. The method of analysis of this research is carried out based on the total economic value then a financial feasibility analysis is carried out using the concept of Cost Benefit Analysis (AMB). The purpose of this research is to identify and classify DUV, IUV, to perform a Total Economic Value assessment, and cost-benefit analysis. The result of the classification of the analysis of the total economic value of this research is the direct use value obtained for an  amount of Rp 2.504.943.750.000, an indirect usege value of Rp 11.285.686.875.000, and the total economic value of Rp 13.790.630.625.000. The Cost-Benefit Analysis (CBA) conducted in this study is financially feasible, because it meets the financial feasibility standards for a project with a NPV value of Rp 4.827.270.437.317, the Net BCR value of 7,78 and the Gross BCR value of 2,02, IRR of 154,2 %, and the Payback Periode of 4 months 3 days.

scholarly journals INDONESIA TO HOST THE FIFA WORLD CUP? A COST-BENEFIT ANALYSIS

2018 ◽  
Vol 2 (1) ◽  
pp. 22-34
Author(s):  
Hilda Masniaritta Pohan ◽  
Silvy Puspita Oktavianty
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Social Benefits ◽  
Benefit Analysis ◽  
Financial Loss ◽  
World Cup ◽  
Fifa World Cup ◽  
Long Run ◽  
Geographical Characteristics

Numerous studies have shown that hosting the FIFA World Cup potentially creates positive economic benefits although it costs a substantial amount of money. The biggest cost comes from infrastructure needs which are highly correlated with a country�s geographical characteristics. This research evaluates the feasibility of hosting the FIFA World Cup in Indonesia given its geographical characteristics. Using data compiled from various studies, estimation was conducted using Cost-Benefit Analysis. Results show that hosting the FIFA World Cup is not financially profitable for Indonesia. However, after accounting for potential social benefits, economic analysis suggested that in the short run, it potentially boosts tourism and income of related sectors. In the long run, benefits include acquiring top notch stadiums, provision of high quality infrastructure, training opportunities for talented young players, and exposure of Indonesia�s tourist attractions. These social benefits may outweigh the financial loss; making the hosting project economically viable.

scholarly journals COST-BENEFIT ANALYSIS OF COMMUNITY-BASED SERVICES AS A MEANS OF PROMOTING ACTIVE AGING IN GALILEE

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S299-S299
Author(s):  
Shira Hantman
Keyword(s):  
Older Adults ◽  
Cost Benefit Analysis ◽  
Economic Value ◽  
Objective Measure ◽  
Cost Benefit ◽  
Control Group ◽  
Active Aging ◽  
Choice Modelling ◽  
Intellectual Activity ◽  
The Cost

Abstract Increase in life expectancy has benefits, but also costs from increased expenses related to morbidity and prevention. These costs may be reduced by adopting a healthier lifestyle. The goal of the study was to quantify the economic value of a variety of activities in which older adults partake: e.g. cultural, intellectual, physical and nutritional activities. Research questions: Are the monetary benefits of improved health different when measured on a subjective willingness-to-pay (WTP) approach or on an objective Cost-of-Illness (COI) approach? Is the monetary benefit of active aging larger than the cost associated in doing that? 300 older adults participating in various activities of the local senior center and a control group not participating filled out a life style survey. A choice modelling (CM) approach estimated a subjective monetary welfare and compared it to an objective measure of benefit associated with the occurrence of different health symptoms associated with more active aging. An association was found between the various activities explored and the objective and subjective perspective of health. Moreover, all older adult activities passed the cost benefit test albite the order was different between objective and subjective estimations. Nutrition related activities were found to be the most beneficial. Cultural activity ranked second objectively and subjectively. Intellectual activity ranked last objectively and physical activity ranked last subjectively. Participants will understand the need to provide optimal policy and efficient resource distribution between the various activities offered to older adults. This will result in better health lowering public health expenditures.

scholarly journals Use of PROMETHEE MCDA Method for Ranking Alternative Measures of Sustainable Urban Mobility Planning

Mathematics ◽  
2021 ◽  
Vol 9 (6) ◽  
pp. 602
Author(s):  
Maria Morfoulaki ◽  
Jason Papathanasiou
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Effective ◽  
Preference Ranking ◽  
Urban Mobility ◽  
Sustainable Mobility ◽  
Transportation Projects ◽  
Promethee Method ◽  
Alternative Measures ◽  
Sustainable Urban Mobility

One of the most crucial steps during the implementation of a Sustainable Urban Mobility Plan (SUMP) as well the relevant transportation projects is the final measures and policies’ selection that will be realized in order for the plan to achieve the study area targets. There are many methodologies that have been used for a specific purpose, with cost-effective and cost–benefit analysis being the most popular. According to the new specifications of SUMPs, the co-creation and co-planning of the future measures taking into account the opinions of all the relevant stakeholders and groups of citizens is the main parameter that will ensure the success of the planning. For this reason, MCA is the methodology proposed to be used for collecting and analyzing the different opinions. The aim of the current work is to prove, through a targeted Greek survey, the effectiveness of the MCA, not only to merge the different opinions and priorities of the stakeholders but also to highlight and rank realistically the most important sustainable mobility measures that should be implemented in an urban area. The work proposes and tests a specific methodological framework based on the use of the preference ranking organization method for enrichment of evaluations (PROMETHEE) method.

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