2019
DOI: 10.1007/s11356-019-05475-6
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Why environmental and social benefits should be included in cost-benefit analysis of infrastructure?

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Cited by 14 publications
(4 citation statements)
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“…To help bridge this gap, contingent valuation has been used to ascertain monetary values of social and environmental benefits . This surveying method uses hypothetical scenarios to probe the willingness to pay for specific benefits or willingness to accept compensation for specific losses .…”
Section: (Re)defining Valorization For Mwrcmentioning
confidence: 99%
See 1 more Smart Citation
“…To help bridge this gap, contingent valuation has been used to ascertain monetary values of social and environmental benefits . This surveying method uses hypothetical scenarios to probe the willingness to pay for specific benefits or willingness to accept compensation for specific losses .…”
Section: (Re)defining Valorization For Mwrcmentioning
confidence: 99%
“…135 To help bridge this gap, contingent valuation has been used to ascertain monetary values of social and environmental benefits. 136 This surveying method uses hypothetical scenarios to probe the willingness to pay for specific benefits or willingness to accept compensation for specific losses. 137 However, by relying on stated preference to assign values to these nonmarket services, this technique is susceptible to biases (e.g., hypothetical bias, social desirability, lack of familiarity bias).…”
Section: ■ (Re)defining Valorization For Mwrcmentioning
confidence: 99%
“…Additional effort is required from extension services; the pro tability and productivity of Boro rice, as well as water productivity, were comparatively higher for focal farmers compared to control farmers (Uddin et al 2020). The social bene ts must be taken in consideration; Ryu et al (2019) found that when only economic costs and bene ts were considered, the bene t-cost ratio for the public system (0.02) was smaller than that for the private system (0.264) while, the results of the two alternatives changed when social bene ts were considered. New technologies can also improve water productivity (Mansour and al.…”
Section: Case Of Farmers Having An Important Volume Of Surface Water ...mentioning
confidence: 99%
“…Following environmental regulations does not come without costs. Within a cost‐benefit tradeoff framework, a firm considers the costs and benefits of not following environmental regulations (Ryu et al , ). Based on economic principles, we contend that when the costs are less than the benefits (of not following regulations), a firm will opt to not follow the regulations.…”
Section: Background Literature and Hypothesis Developmentmentioning
confidence: 99%