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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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Recent Posts

  • 435. Environmental offsets 3. Risk of failure

    When designing an environmental offset scheme, it is important to account for the probability that an offset project will fail to deliver its intended benefits.

  • 434. Environmental offsets 2. The currency for measuring impacts and benefits

    In an environmental offset scheme, the environmental impacts of a development project and the benefits of an offset project need to be compared quantitatively. To

  • 433. Depicting risk in graphs for farmers

    There are many types of graphs that can depict the riskiness of a decision option. Here I present and comment on some of them. My

  • 432. Environmental offsets 1. Introduction

  • 431. Webinar on economics of urban park designs

  • 430. Polarised public opinion

  • 429. The value of a non-market value

  • 428. Economic analysis of urban park designs

  • 427. Reviews of research on agricultural adoption

  • 426. Music “Option Value”

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Recent comments

  • Yugank on 433. Depicting risk in graphs for farmers
  • Frank Ibe on 261 – Agricultural water pollution
  • Cilla de Lacy on 430. Polarised public opinion
  • T Barr on 168 – Telling farmers how to adapt to climate change
  • David Pannell on 427. Reviews of research on agricultural adoption

Recent Posts

  • 435. Environmental offsets 3. Risk of failure 14 July, 2025
  • 434. Environmental offsets 2. The currency for measuring impacts and benefits 7 July, 2025
  • 433. Depicting risk in graphs for farmers 30 June, 2025
  • 432. Environmental offsets 1. Introduction 16 June, 2025
  • 431. Webinar on economics of urban park designs 30 May, 2025
  • 430. Polarised public opinion 26 May, 2025
  • 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

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