2015
DOI: 10.1016/j.egypro.2015.11.835
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Proposal for a Modified Cost-optimal Approach by Introducing Benefits Evaluation

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Cited by 14 publications
(14 citation statements)
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“…The results from the real options perspective enabled to conclude that the global cost is not enough for the investors and must be complemented with additional information (as the value of operational flexibility and other strategic factors), and the return of investment must be evaluated in a long-term rather than in the short-term perspective. Other point of view of the same discussion is described by Becchio et al [18]. They introduced the need to incorporate some additional benefits to the global cost calculation, in order to achieve more interesting results for all the actors involved, including investors and final users.…”
Section: Introductionmentioning
confidence: 94%
“…The results from the real options perspective enabled to conclude that the global cost is not enough for the investors and must be complemented with additional information (as the value of operational flexibility and other strategic factors), and the return of investment must be evaluated in a long-term rather than in the short-term perspective. Other point of view of the same discussion is described by Becchio et al [18]. They introduced the need to incorporate some additional benefits to the global cost calculation, in order to achieve more interesting results for all the actors involved, including investors and final users.…”
Section: Introductionmentioning
confidence: 94%
“…For instance, Tadeu et al (2016) consider that the global cost indicator is not enough for describing the point of view of an investor and it must be complemented with additional information. Becchio et al (2015) stressed the need to include in the global cost formula other benefits related to energy-design of buildings (as indoor comfort conditions, reduction of CO 2 emissions, embodied energy, real estate market value).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The additional economic elements that need to be included in economic assessments were identified by [27]. The economic assessment should also include the monetizable benefits, such as indoor climate quality, derived from each design option [28]. In municipal service buildings, indoor climate quality can be monetized in the life cycle economy through externalities related to increased productivity and reduced employee sick leaves [29].…”
mentioning
confidence: 99%