scholarly journals Cost-Benefit Analysis on Incorporation of National Theater of Korea and its Policy Implications

2011 ◽  
Vol 25 (4) ◽  
pp. 133-159 ◽  
Author(s):  
ParkHeeBong ◽  
유동상 ◽  
ShiyongYoo
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Policy Implications ◽  
Benefit Analysis ◽  
National Theater

The Practical Issues and Policy Implications of Regulatory Cost-Benefit Analysis Through Case Studies

2020 ◽  
Vol 29 (2) ◽  
pp. 59-89
Author(s):  
Saungah Sau ◽  
Insun Lim ◽  
Sohyun Woo ◽  
Moonsun Kang ◽  
Ssangeun Jo ◽  
...  
Keyword(s):  
Case Studies ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Policy Implications ◽  
Benefit Analysis ◽  
Regulatory Cost

scholarly journals Developing Novel Technologies and Services for Intelligent Low Voltage Electricity Grids: Cost–Benefit Analysis and Policy Implications

Energies ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 94
Author(s):  
Alemu Moges Belay ◽  
Sanket Puranik ◽  
Ramon Gallart-Fernández ◽  
Heidi Tuiskula ◽  
Joaquim Melendez ◽  
...  
Keyword(s):  
Energy Policy ◽  
Low Voltage ◽  
Cost Benefit Analysis ◽  
Real Life ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Policy Implications ◽  
Economic Viability ◽  
Benefit Analysis ◽  
The Eu

The paper presents a set of prototype smart grid technologies and services and validates the economic viability of the proposed solution using cost–benefit analysis (CBA). The study considered the EU-funded project called RESOLVD and implemented the technologies and services in a real-life pilot. the technologies and services on the EU-funded H2020. The paper focuses on the analysis of technological solutions which enhance the operational efficiency and the hosting capacity of low-voltage electricity distribution grids. The solutions provided better integration of a hybrid battery storage system, with the grid interfacing power electronics, smart gateways for the interconnection of assets at the grid edge, and sensors enhancing infrastructure observability and control. The result from the CBA indicates the economic viability of the project, high scalability, and replicability. The economic benefits were realized with the breakeven value of eight secondary substations (SS) and 16 feeders. The scenario test on the DSO’s willingness to pay for the software as a service (SaaS) revealed that the payback period can further be reduced by almost half with a higher internal rate of return (IRR) and net present value (NPV). Both the CBA and scenario tests showed RESOLVD solution can become more economically viable when deployed in largescale. Moreover, the CBA results provide evidence to the energy policy by allowing DSOs to consider both CAPEX and OPEX for better investment decisions. Further, the paper proposes an alternative business approach that shifts from grid reinforcement to service provision. The paper also discusses the research implications on energy policy and business.

scholarly journals The Consequences And Public Policy Implications Of Welfare Reform: A Cost-Benefit Analysis Of The Welfare Reform Policy

2011 ◽  
Vol 6 (4) ◽  
Author(s):  
Michael O. Adams ◽  
Gbolahan S. Osho ◽  
Crystal D. Hadnott
Keyword(s):  
Welfare Reform ◽  
Cost Benefit Analysis ◽  
Personal Responsibility ◽  
Cost Benefit ◽  
The United States ◽  
Policy Implications ◽  
Benefit Analysis ◽  
Font Size ◽  
Heated Debate ◽  
The Cost

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-family: Times New Roman;"><span style="font-size: 10pt;">Welfare reform has been the recurrent subject of heated debate in the United States, culminating in far-reaching legislation in 1996.<span style="mso-spacerun: yes;">&nbsp; </span>Taking the measure of that legislation requires attention both to the broader context of which welfare policy is a part and to the merits of the 1996 law itself.</span><span style="font-size: 10pt; mso-ansi-language: EN;" lang="EN"><span style="mso-spacerun: yes;">&nbsp; </span></span><span style="font-size: 10pt;">Ultimately, the success or failure of welfare reform, which evoked a great deal of partisan rhetoric, will be assessed on empirical rather than partisan grounds.<span style="mso-spacerun: yes;">&nbsp; </span>It cannot be determined merely by changes in the size of welfare caseloads.<span style="mso-spacerun: yes;">&nbsp; </span>It is crucial to any piece of legislation to analyze the cost in relations to its benefits.<span style="mso-spacerun: yes;">&nbsp; </span>Most importantly, we must ask: What has happened to the families and children who have left the welfare system?<span style="mso-spacerun: yes;">&nbsp; </span></span><span style="font-size: 10pt; mso-ansi-language: EN;" lang="EN">Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a successful legislation that needs a little troubleshooting, so it will not be the failed anti-poverty prescription</span></span></p>

scholarly journals The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It

2021 ◽  
pp. 1-25
Author(s):  
Bent Flyvbjerg ◽  
Dirk W. Bester
Keyword(s):  
Resource Allocation ◽  
Cost Benefit Analysis ◽  
Statistical Significance ◽  
Cost Benefit ◽  
Policy Implications ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Cost Overruns ◽  
Public Investments ◽  
The Cost

Abstract Most cost-benefit analyses assume that the estimates of costs and benefits are more or less accurate and unbiased. But what if, in reality, estimates are highly inaccurate and biased? Then the assumption that cost-benefit analysis is a rational way to improve resource allocation would be a fallacy. Based on the largest dataset of its kind, we test the assumption that cost and benefit estimates of public investments are accurate and unbiased. We find this is not the case with overwhelming statistical significance. We document the extent of cost overruns, benefit shortfalls, and forecasting bias in public investments. We further assess whether such inaccuracies seriously distort effective resource allocation, which is found to be the case. We explain our findings in behavioral terms and explore their policy implications. Finally, we conclude that cost-benefit analysis of public investments stands in need of reform and we outline four steps to such reform.

Feasibility of mulching technology as an alternative to slash-and-burn farming in eastern Amazon: A cost–benefit analysis

2007 ◽  
Vol 22 (2) ◽  
pp. 125-133 ◽  
Author(s):  
John Mburu ◽  
Jan Börner ◽  
Bettina Hedden-Dunkhorst ◽  
Arisbe Mendoza-Escalante ◽  
Klaus Frohberg
Keyword(s):  
Crop Yields ◽  
Cost Benefit Analysis ◽  
Labor Demand ◽  
Cost Benefit ◽  
Economic Feasibility ◽  
Policy Implications ◽  
Benefit Analysis ◽  
Inorganic Fertilizers ◽  
Slash And Burn ◽  
Land Preparation

AbstractThis paper addresses the question as to whether it is profitable to apply a mechanical mulching technology (MT) in the Bragantina region of Brazil and assesses the technology's feasibility as an alternative to the slash-and-burn practices of the Amazon. Using empirical data collected from a prototype assessment and a few secondary sources, the paper employs a cost–benefit analysis of ‘with’ and ‘without’ technology cropping systems (plots that applied the technology are compared with those that did not) to assess the financial and economic feasibility of investing in the MT. The analysis showed that the technology is profitable, both financially and socially, mainly because it is able to produce yields that are high enough to offset the costs, including the hiring of the mulching equipment. However, it may not be a feasible alternative to slash-and-burn farming unless certain conditions are fulfilled by farmers. Most of these conditions relate to farmers' adherence to a set of rules for the successful application of the technology. These rules include the abandonment of a single cropping cycle, typical for the traditional slash-and-burn system, and the adoption of two cycles of crop cultivation. In addition, farmers have to choose profitable crop combinations, such as cassava and beans for both cycles. Since most of the trial farmers did not meet these conditions, the technology received a notably low acceptability (8%). Further analysis indicated that the main reason for this trend was the increase of total labor requirement (by 32%), though the technology reduced labor demand during land preparation to almost zero. Similarly, there was a 22% increase in requirement for inorganic fertilizers. Thus, compared with the slash-and-burn practices of the Amazon, the MT can be regarded as a more intensive method of farming which gives higher crop yields but demands higher quantities of inputs such as labor and inorganic fertilizers. The paper concludes by deriving policy implications for the feasibility of the MT as an alternative to slash-and-burn agriculture in the Amazon. Among these is the importance of creating incentives to extend the cropping period from one to two consecutive cycles. Moreover, the necessity to conduct further studies after the technology has been adopted by the farmers is underscored.

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