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A note on the valuation of collective goods: overlooked input market free riding for non-individually incrementable goods
Graves, Philip E. - 2009
For at least fifty years economists have argued that vertically-aggregated marginal willingness to pay, when set equal to marginal provision cost, will result in optimal public good provision levels. This methodological approach would be expected to yield an exact analog, in terms of optimal...
Persistent link: https://www.econbiz.de/10015219957
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The Social Cost of Carbon and the Shadow Price of Carbon: what they are, and how to use them in economic appraisal in the UK
Price, Richard; Thornton, Simeon; Nelson, Stephen - 2007
This paper sets out: - a definition of the social cost of carbon, hitherto used in UK government appraisals to reflect … policy and investment appraisals across UK government; and the factors which the SPC reflects which the social cost of carbon …) consistent with our abatement goal. It will become possible to do this as our knowledge of UK and global MACs improves over the …
Persistent link: https://www.econbiz.de/10015253804
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The Economic Opportunity Cost of Capital for Canada - An Empirical Update
Jenkins, Glenn; Kuo, Chun-Yan - 2007
The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has...
Persistent link: https://www.econbiz.de/10011940747
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The Economic Opportunity Cost of Capital for Canada - An Empirical Update
Jenkins, Glenn; Kuo, Chun-Yan - Economics Department, Queen's University - 2007
The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has...
Persistent link: https://www.econbiz.de/10005688125
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Public and Private Sector Discount Rates in Public-Private Partnerships
Grout, Paul - Centre for Market and Public Organisation (CMPO), … - 2002
Whether public sector projects should be discounted at a lower rate than private sector projects is a highly contentious issue and one that has spawned an enormous literature. The purpose of this paper is to assess the appropriate private and public sector discount rates in the context of public...
Persistent link: https://www.econbiz.de/10005135224
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The Economic Opportunity Cost of Capital for Canada - An Empirical Update
Jenkins, Glenn; Kuo, Chun-Yan - Economics Department, Queen's University - 2007
The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has...
Persistent link: https://www.econbiz.de/10005209139
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An Assessment of the Energy-Efficiency Gap and Its Implications for Climate Change Policy
Gerarden, Todd D.; Newell, Richard G.; Stavins, Robert N.; … - 2015
Improving end-use energy efficiency - that is, the energy-efficiency of individuals, households, and firms as they consume energy - is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...
Persistent link: https://www.econbiz.de/10011307264
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An assessment of the energy-efficiency gap and its implications for climate change policy
Gerarden, Todd D.; Newell, Richard G.; Stavins, Robert N.; … - 2015
Improving end-use energy efficiency-that is, the energy-efficiency of individuals, households, and firms as they consume energy-is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...
Persistent link: https://www.econbiz.de/10010505125
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Transportation Project Evaluation Methods/Approaches- Version 2
Rouhani, Omid - 2021
Building upon an earlier version, I further review the key methods to evaluate transportation projects. Since transportation projects offer substantial social benefits and costs, it is vital to provide a comparative analysis on the commonly-used methods, i.e., which method(s) to use and under...
Persistent link: https://www.econbiz.de/10015232710
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Transportation Project Evaluation Methods/Approaches- Version 2
Rouhani, Omid - 2021
Building upon an earlier version, I further review the key methods to evaluate transportation projects. Since transportation projects offer substantial social benefits and costs, it is vital to provide a comparative analysis on the commonly-used methods, i.e., which method(s) to use and under...
Persistent link: https://www.econbiz.de/10015232713