COST-BENEFIT ANALYSIS OF BUILDING REGULATION STRATEGY BASED ON FLOOD RISK INFORMATION

Cost benefit analysis and flood damage mitigation in the Netherlands

Aim of this paper is to investigate the application of cost benefit analysis methods in the decisionmaking on a desired flood protection strategy in the Netherlands. After a discussion of historical developments in flood protection in the Netherlands the method of cost benefit analysis is presented as a useful instrument in decision-making. In the second part of the paper the economic analysis ...

Cost Benefit Analysis of Information Integrity

The paper studies a specific research query of developing an analytical method for comparing two integrity mechanisms. Towards this a generic business process is modeled as an integral to a closed loop information and control system. Competitive advantage requires informational work from this business process information system (IS) is maximized. This IS is a multiple stage decision process and...

Benefit-Cost Analysis for Financial Regulation

The Dodd-Frank Wall Street Reform Act calls for extensive rule-making for financial regulation, the details of which are left up to the relevant enforcement agencies. To help ensure that this wide discretion is not abused, regulators should be required to use Benefit-Cost Analysis (BCA). While BCA has been used extensively and increasingly in in environmental, health and safety regulation (EHS)...

Cost-Benefit Analysis in Canadian Securities Regulation

The realities of risk-cost-benefit analysis.

Formal analyses can be valuable aids to decision-making if their limits are understood. Those limits arise from the two forms of subjectivity found in all analyses: ethical judgments, made when setting the terms of an analysis, and scientific judgments, made when conducting it. As formal analysis has assumed a larger role in policy decisions, awareness of those judgments has grown, as have meth...