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Economics, Latest, Policy

357. BCA criticisms 2: “too much uncertainty”

6 December, 202121 September, 2023 by David Pannell6 Min Reading

Number 2 in my series on criticisms of Benefit: Cost Analysis (BCA) addresses the concern that it is not feasible to do a BCA on

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Agriculture, Climate change, Environment, Latest, Policy

356. Letter to Minister for Emissions Reduction

8 November, 20219 November, 2021 by David Pannell4 Min Reading

This is my draft of a letter to the Minister asking a set of questions about soil carbon in the context of the Government’s new

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Environment, Natural resource management, People, Policy

355. Wellbeing

1 November, 202129 October, 2021 by David Pannell5 Min Reading

This post is in memory of Ken Wallace, who died unexpectedly on 13 October 2021. When economists evaluate a project or a policy, the way

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Economics, Policy

354. BCA criticisms 1: “any result you want”

25 October, 202121 September, 2023 by David Pannell7 Min Reading

Over the years, I’ve had a number of conversations with people who made negative comments about Benefit: Cost Analysis (BCA) or certain aspects of it.

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Agriculture, Climate change, Economics, Latest, Policy

353. Virtual issues of AJARE on climate change

19 October, 202119 October, 2021 by David Pannell2 Min Reading

The Australian Journal of Agricultural and Resource Economics (AJARE) has introduced a new system of “virtual” issues, pulling together articles on a particular theme from

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Economics, Latest, Policy

352. Comparing projects of different lifespans in BCA

7 October, 202121 September, 2023 by David Pannell6 Min Reading

One of the uses of Benefit: Cost Analysis (BCA) is to compare different projects to see which should be given priority for funding. What if

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Posts pagination

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Recent Posts

  • 429. The value of a non-market value

    We have a new paper out on the benefits and costs of using non-market valuation to monetise the non-financial benefits generated by environmental projects.  I

  • 428. Economic analysis of urban park designs

    Most parks in Australian cities are dominated by lawns. Is that what people really want in a park? Are there good alternatives that don’t require

  • 427. Reviews of research on agricultural adoption

    What drives or inhibits farmers in their decisions about adopting new farming practices? Many literature reviews have been published to summarise the wealth of research

  • 426. Music “Option Value”

  • 425. World population beyond 2100

  • 424. Risk aversion versus loss aversion, part 2

  • 423. Risk aversion versus loss aversion, part 1

  • 422. Risky farm decision making as a social process

  • 421. Risk versus uncertainty

  • 420. Systematic decision making under risk

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Recent comments

  • T Barr on 168 – Telling farmers how to adapt to climate change
  • David Pannell on 427. Reviews of research on agricultural adoption
  • Alfun adam on 366. Environmental accounting: is it worthwhile?
  • Alfun adam on 301. Inequality in the USA
  • Alfun adam on 277 – Perfection isn’t best

Recent Posts

  • 429. The value of a non-market value 12 March, 2025
  • 428. Economic analysis of urban park designs 10 March, 2025
  • 427. Reviews of research on agricultural adoption 10 December, 2024
  • 426. Music “Option Value” 25 August, 2024
  • 425. World population beyond 2100 20 August, 2024
  • 424. Risk aversion versus loss aversion, part 2 17 July, 2024
  • 423. Risk aversion versus loss aversion, part 1 10 July, 2024
  • 422. Risky farm decision making as a social process 3 July, 2024
  • 421. Risk versus uncertainty 26 June, 2024
  • 420. Systematic decision making under risk 12 June, 2024

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