scholarly journals Integrated drought risk assessment to support adaptive policy making in the Netherlands

2022 ◽  
Author(s):  
Marjolein Mens ◽  
Gigi van Rhee ◽  
Femke Schasfoort ◽  
Neeltje Kielen

Abstract. Adaptive policy-making to prepare for current and future drought risks requires an integrated assessment of policy actions and combinations of those under changing conditions. This entails quantification of drought risks, integrating drought probability and socio-economic consequences for all relevant sectors that are potentially impacted by drought. The investment costs of proposed policy actions and strategies (various actions combined) can then be compared with the expected risk reduction to determine the cost-effectiveness. This paper presents a method to quantify drought risk in the Netherlands under changing future conditions and in response to policy actions. It illustrates how to use this information as part of a societal cost-benefit analysis and in building an adaptive long-term strategy. The method has been successfully applied to support decision making on the Netherlands’ national drought risk management strategy as part of the National Delta Program for climate change adaptation.

2013 ◽  
Vol 4 (1) ◽  
pp. 41
Author(s):  
Monica Singhania

This case study aims at comprehensively assessing a decision by XYZ Ltd (name withheld due to confidentiality), New Delhi, on whether to build or to lease a recreation centre for its rank-and-file employees. Based on a cost–benefit analysis, we concluded that the centre should be built since the company would recover its investment within 11 years. Apart from the financial considerations, the recreation centre could be considered a long-term investment in employee morale, as it would lead to a better quality of life for the staff and their families, and is likely to enhance their sense of belonging and improve productivity. To date, what little space there is available for hosting family functions is reserved for the use of the officers, and only officers and their families are invited to most company functions. Thus, the other employees feel neglected by the management. Hiring a community centre external to the organisation for a function would involve spending a lot of money as the company is located in a prime real estate area where the cost of land and rentals is huge, and sometimes even availability is an issue. Most of the staff cannot afford such places and are generally under a lot of stress whenever they have a family function. This, in turn, tends to affect their productivity. 


2005 ◽  
Vol 51 (5) ◽  
pp. 105-112 ◽  
Author(s):  
O.A.C. Hoes ◽  
W. Schuurmans ◽  
J. Strijker

Worldwide the water management sector is about to review the design standards for water systems, as expected climate changes may possibly increase the frequency of flood events. This paper reviews new flood standards for surface water systems in The Netherlands, also presenting a cost-benefit analysis. Flood standards were formulated after several serious incidents in 1998 and 2001 to inform residents about the level of protection that they may expect to receive. At this moment all water boards are about to evaluate their water systems using these standards. The cost-benefit approach has been applied to determine whether the necessary measures to comply with such standards were cost-effective. We found that the standards make too much a simplification of the variety of water systems, and lead to costly measures without being beneficial while many small-scale floods in The Netherlands do not cause any significant damage. A better starting point to anticipate on climate change is to prevent damage, instead of the prevention of flooding.


2003 ◽  
Vol 83 (2) ◽  
pp. 87-99 ◽  
Author(s):  
Marko Milosevic ◽  
Miroslav Markicevic

Geomorphologic forms and processes have primary and eliminatory significance in the process of determining the proper locations for trash disposal. Those forms are results of long-term morphogenetic processes and they implicate the dependence between the landfill and a landscape where it is situated. Determining proper location for landfill is crucial because it becomes a factor of permanent alternation of the landscape. The basic task that a possible location should satisfy is as least as possible impact zone. Concerning this request, the best locations are those on fossil geomorphologic forms that are out of active geomorphologic processes (erosive fluvial terraces and blind karst valleys). The selection of location for landfills has its economic consequences that are determined in the light of theory of development thresholds and cost-benefit analysis. The work contains comparative threshold graph with short- and long-term economic effects (costs) of locating a landfill on flood plain and an erosive terrace. There?s also given a matrix of suitability that explains economical, social, ecological, technical and esthetical factors relevant for selecting the adequate location for landfills.


2006 ◽  
Vol 6 (4) ◽  
pp. 56-72 ◽  
Author(s):  
J. Samuel Barkin

As a tool for making decisions about long-term environmental policy, environmental economics does not work on its own terms. It works well as a tool for analyzing environmental policy given clear, exogenously defined costs and benefits. As such, environmental economics can work well as a tool for analyzing policy in the short term. But many of the most salient issues in international environmental politics are salient specifically because they have a fundamental long-term component. Economic tools have trouble pricing environmental goods, and the farther the cost element of cost/benefit analysis is projected into the future, particularly through the analytical tool of the discount rate, the less reliable estimates are likely to be. At a certain point, the compounding of this decreasing reliability makes the cost estimates analytically counterproductive. As such, this paper concludes that fundamental decisions about the relationship between economic activity and the natural environment in the long term need to be informed by ecocentric rather than economic thinking.


Author(s):  
Debdutta Choudhury

Hospitality is one of the most important sectors of the economy and offers employment to thousands of people. The recent advances in technology has seen that quite a few of the players in this industry have successfully deployed artificial intelligence, machine learning, and robotics. This chapter delves into the details of such deployment in the various processes in this sector and discusses the short-term, medium-term, and long-term impact of these technologies on all the major stakeholders of this industry. The author also looks at the cost benefit analysis of this technologies and concludes that most players sooner, rather than later would be forced by competition to strongly adopt them. The chapter also briefly discusses the changing roles of human employees in this scenario.


10.36469/9866 ◽  
2013 ◽  
Vol 1 (3) ◽  
pp. 212-223
Author(s):  
Nikolaos Kotsopoulos ◽  
Mark P. Connolly ◽  
Esther Sobanski ◽  
Maarten J. Postma

Background: Attention-deficit hyperactivity disorder (ADHD) is a condition which has been consistently documented to impact educational outcomes. Children with ADHD are regularly found to have lower educational attainment and increased likelihood of dropping out of school compared to children without ADHD. Objectives: To project the long-term societal economic consequences of reduced educational attainment, as measured by total lifetime earnings, in an untreated cohort of individuals diagnosed with ADHD in childhood, in Germany. In addition, this research aims at illustrating a cost-benefit analysis framework which could be applied to economically appraise the rate of return from investments in hypothetical health interventions targeting ADHD. Methods: Observational ADHD evidence was collated with demographic and human capital economics methods to quantify ADHD’s impact on educational attainment and long-term labour outcome in Germany. The theoretical benefits deriving from effective interventions targeting ADHD were also quantified. Results: It was estimated that the average per capita lifetime earning loss associated with ADHD was €92,000 suggesting a societal loss of €2.93 billion from a single cohort (n=31,864). The benefit-cost analysis suggested that reasonably effective intervention may justify considerable investment in ADHD targeted intervention. Conclusions: Considering the broad economic consequences of the condition might suggest that interventions which change the life course of individuals with ADHD could offer cost-savings and influence future economic outputs.


2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.


1999 ◽  
Vol 40 (10) ◽  
pp. 153-159 ◽  
Author(s):  
D. H. Newsome ◽  
C. D. Stephen

Many countries are investing in measures to improve surface water quality, but the investment programmes for so doing are increasingly becoming subject to cost-benefit analysis. Whilst the cost of control measures can usually be determined for individual improvement schemes, there are currently no established procedures for valuing the benefits attributable to improved surface water quality. The paper describes a methodology that has been derived that now makes this possible.


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