Where organisations are unable or unwilling to quantify project benefits in monetary or monetary-equivalent terms, a common approach is to rank potential projects on the
read moreIn PD322 we looked at whether to use Net Present Value (NPV) or Benefit: Cost Ratio (BCR) in Benefit: Cost Analysis (BCA) when assessing and
read moreThere are two main criteria used for evaluating projects in Benefit: Cost Analysis (BCA): the Net Present Value (NPV = benefits minus costs) and the
read moreOptimal input rates (e.g. of fertilizer to a crop) are not affected by fixed costs. I had an interesting discussion with a Canadian poultry farmer
read moreThere have been some studies considering the relationship between research and environmental policy but studies capturing the impact of research on environmental management, environmental policy,
read moreWhat is a threatened species worth? It may seem like a strange question, but it’s one that environmental economists have done a fair bit of
read more
Recent comments