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- Title
A Proposed Methodology for Prioritizing Project Effects to Include in Cost-Benefit Analysis Using Resilience, Vulnerability and Risk Perception.
- Authors
Ortega, Saúl Torres; Hanley, Nick; Simal, Pedro Diaz
- Abstract
Cost-benefit analysis (CBA) has emerged as one of the most widely used methodologies in environmental policy analysis, with many governments applying it in their decision-making procedures and laws. However, undertaking a full CBA is expensive, and conclusions must be drawn on which project or policy impacts to include in the analysis. Based on the ideas of resilience, vulnerability and risk, we suggest a method for prioritizing project impacts for inclusion in a CBA, which includes both expert assessment and citizen preferences. We then illustrate how the method can be applied in the context of land use change decisions, using a real application.
- Subjects
ETHNOMETHODOLOGY; COST effectiveness; ENVIRONMENTAL policy; PSYCHOLOGICAL vulnerability; METHODOLOGY
- Publication
Sustainability (2071-1050), 2014, Vol 6, Issue 11, p7945
- ISSN
2071-1050
- Publication type
Article
- DOI
10.3390/su6117945