Benefits Assessment

The State of the Art

Nonfiction, Science & Nature, Technology, Environmental, Nature, Business & Finance
Cover of the book Benefits Assessment by , Springer Netherlands
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9789400945241
Publisher: Springer Netherlands Publication: December 6, 2012
Imprint: Springer Language: English
Author:
ISBN: 9789400945241
Publisher: Springer Netherlands
Publication: December 6, 2012
Imprint: Springer
Language: English

In recent years there has been substantial interest in benefits assessment methods, especially as these methods are used to assess health, safety, and environmental issues. At least part of this interest can be traced to Executive Order 12291, issued by President Ronald Reagan in 1981. This Executive Order requires Federal agencies to perform benefits assessments of pro­ posed major regulations and prohibits them from taking regulatory action unless potential benefits exceed potential costs to society. Heightened interest in benefits assessment methods has in tum given rise to greater recognition of the inherent difficulties in performing such assess­ ments. For example, many benefits that are intuitively felt to be most important are also among the most difficult to measure. It can be difficult to identify the full range of both benefits and costs. The choice of an appro­ priate discount rate for comparing benefits and costs over time is proble­ matic. Even when benefits are quantifiable in principle and agreement can be reached on their valuation, required d,ata may not be available. Thus considerable uncertainty is built into most benefit estimates, even when they are based on the best available data. In light of the complexities and difficulties associated with the perform­ ance of a benefits assessment, this book reviews the current state of theoretical and methodological knowledge in the field. The review is extensive in that it covers over fifty years of research, theoretical develop­ ment, and practice.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In recent years there has been substantial interest in benefits assessment methods, especially as these methods are used to assess health, safety, and environmental issues. At least part of this interest can be traced to Executive Order 12291, issued by President Ronald Reagan in 1981. This Executive Order requires Federal agencies to perform benefits assessments of pro­ posed major regulations and prohibits them from taking regulatory action unless potential benefits exceed potential costs to society. Heightened interest in benefits assessment methods has in tum given rise to greater recognition of the inherent difficulties in performing such assess­ ments. For example, many benefits that are intuitively felt to be most important are also among the most difficult to measure. It can be difficult to identify the full range of both benefits and costs. The choice of an appro­ priate discount rate for comparing benefits and costs over time is proble­ matic. Even when benefits are quantifiable in principle and agreement can be reached on their valuation, required d,ata may not be available. Thus considerable uncertainty is built into most benefit estimates, even when they are based on the best available data. In light of the complexities and difficulties associated with the perform­ ance of a benefits assessment, this book reviews the current state of theoretical and methodological knowledge in the field. The review is extensive in that it covers over fifty years of research, theoretical develop­ ment, and practice.

More books from Springer Netherlands

Cover of the book Factor X by
Cover of the book Understanding and Managing Urban Water in Transition by
Cover of the book Children, Development and Education by
Cover of the book Smart and Flexible Digital-to-Analog Converters by
Cover of the book Spotlight on Familial and Hereditary Gastric Cancer by
Cover of the book Transplantation by
Cover of the book The Evolution of Global Paper Industry 1800¬–2050 by
Cover of the book Environmental Indicators by
Cover of the book Gondwana Landscapes in southern South America by
Cover of the book The Ethics of Business in a Global Economy by
Cover of the book Handbook of Printed Circuit Manufacturing by
Cover of the book Central Nervous System Metastasis, the Biological Basis and Clinical Considerations by
Cover of the book Transboundary Water Resources in the Balkans by
Cover of the book Swarm Planning by
Cover of the book Bacillus thuringiensis Biotechnology by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy