Politics, Social Cost-Benefit Analysis and Planners

(social) Cost-benefit Analysis in a Nutshell

Cost-benefit analysis is a process for evaluating the merits of a particular project or course of action in a systematic and rigorous way. Social cost-benefit analysis refers to cases where the project has a broad impact across society – and, as such, is usually carried out by the government. While the cost and benefits may relate to goods and services that have a simple and transparent measure...

Generalized Roy Model and Cost-Benefit Analysis of Social Programs

Social Welfare Functions in Benefit-Cost Analysis: The ROPI Approach

1 ROPI TM refers to a software module now being commercialized as part of KTEC's KTRAK TM project tracking system for technology development. This paper describes part of the earlier research that led to development of the software module. Abstract The sole objective of government in " traditional " benefit-cost analysis is assumed to be maximizing dollars of aggregate generalized income. But e...

A Social Benefit - Cost Analysis of Mandatory Deposits on Beverage

This paper presents a social efficiency analysis of mandatory deposits on beverage containers. Five kinds of resource effects are identified, evaluated and added up: (1) litter (both pickup and “eyesore” costs) ; (2) solid waste collection; (3) container costs; (4) production and distribution costs; and (5) consumer convenience. It is shown that the desirability, on efficiency grounds alone, of...

Multi-objective Optimisation for Social Cost Benefit Analysis: An Allegory