2020
DOI: 10.1016/j.procir.2020.01.057
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Economic models used in consequential life cycle assessment: a literature review

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Cited by 12 publications
(11 citation statements)
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“…On prospective models: In existing LCA studies many economic models have been used to predict the occurrence of processes. Examples of economic forecast models used in LCA are stock-flow consistent models, agent based models, supply and demand analysis and computable general or partial equilibrium models [44]. Each model predicts, to some extent, human decisions.…”
Section: Scenario Models and Integrated Assessmentmentioning
confidence: 99%
See 1 more Smart Citation
“…On prospective models: In existing LCA studies many economic models have been used to predict the occurrence of processes. Examples of economic forecast models used in LCA are stock-flow consistent models, agent based models, supply and demand analysis and computable general or partial equilibrium models [44]. Each model predicts, to some extent, human decisions.…”
Section: Scenario Models and Integrated Assessmentmentioning
confidence: 99%
“…Utilizing a model to predict future processes and impacts in LCA is referred to as prospective LCA. The chosen prospective model should be in line with the goal, scale and time horizon of the LCA study [44]. For example, changing the further usage of a relatively large group of building products, can cause a large scale effect in an economy thus requiring a model that can assess this change.…”
Section: Scenario Models and Integrated Assessmentmentioning
confidence: 99%
“…The discrepancy between ALCA and CLCA emerges from the literature: the first is focused on the product at the point to appear short-sighted and isolated from the surrounding evolving system; the latter is willing to include the evolution's consequences of the surrounding system in the FU lifecycle, at the cost of much-increased complex analysis. The trend is to employ CLCA when dealing with long-term analyses: referring to the construction sector, Almeida et al (2020) retrieved 13 out of 25 works (10 with no information) referring to a long-term time horizon. Life Cycle Thinking (LCT) and LCA are essential for informing decisions comprehensively and holistically in both business and policy contexts (Reale et al, 2017).…”
Section: Alca and Clamentioning
confidence: 99%
“…This research work develops an approach that consists in coupling the Life Cycle Assessment (LCA) methodology with a macro-economic Stock-Flow Consistent model (SFC). The choice for using an SFC model is justified by a previous review on the economic models used in consequential assessments [9].…”
Section: Introductionmentioning
confidence: 99%