A factor common to all adaptation measures is the uncertainty that is the hallmark of climate change. The timing, intensity and location of climate change impacts is not known to any degree of precision. Because most deterministic analyses and policy prescriptions ignore this uncertainty, their...

Reflecting its utility and versatility, asbestos was used in the past in many different products, including eaves, fences, roofs, walls, ceilings, floor coverings and backing, brake drums, pipe lagging, ironing boards, electrical meter boxes, sealants, pipes, and so on. Most Australian...

Australian experience reveals an increasingly post-truth approach to economic evaluation, with governments ignoring or avoiding professional expertise when promoting their favoured projects and policies. Lack of formal guidelines for economic evaluation, such as those promulgated by Congress and...

All is not well with the evaluation of government programs and projects. Resources available to any society are limited. If governments are to increase the well-being of their citizens, they must be able to select and implement the socially most beneficial projects and policies. But many...

The concept of ‘standing' – whose benefits and costs should be counted – is well-established, and its specification is a crucial step in conducting a Cost-Benefit Analysis. But it is often ignored by analysts. From a national perspective, the orthodox formulation of ‘standing' is ‘the...