Abstract
Based on extensive review of the literature, this paper tries to generalize the application of BCA in environmental regulations. Specifically, this study talks about the practice of Benefit-cost analysis (BCA) in governments of such developed countries as USA, UK and EU, steps to conduct BCA in policy-making, strengths and limitations of its application in policy area. Evaluation of non-market impacts and social discount rate, are thoroughly discussed. Some suggestions are summarized for better application of BCA in regulatory choice.
Original language | English |
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Title of host publication | Proceedings of the 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011 |
Publisher | The Hong Kong Polytechnic University |
Pages | 135-141 |
Number of pages | 7 |
ISBN (Electronic) | 9789623677219 |
Publication status | Published - 1 Jan 2011 |
Event | 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011 - Chongqing, China Duration: 23 Sept 2011 → 25 Sept 2011 |
Conference
Conference | 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011 |
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Country/Territory | China |
City | Chongqing |
Period | 23/09/11 → 25/09/11 |
Keywords
- Benefit-cost analysis (BCA)
- Environment
- Evaluation
- Regulations
ASJC Scopus subject areas
- Building and Construction
- Architecture
- Business and International Management
- Strategy and Management
- Urban Studies