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Book part
Publication date: 16 October 2007

Victor B. Flatt

This article posits that a more rigorous enforcement of the Constitutional Doctrine of Non-delegation would prevent many of the problems that have been identified with benefitcost

Abstract

This article posits that a more rigorous enforcement of the Constitutional Doctrine of Non-delegation would prevent many of the problems that have been identified with benefitcost analysis. In particular, a rigorous application would prevent administrative agencies from using benefitcost analysis as a screen to make policy decisions that the agency otherwise wishes to occur. Though the US Courts might have some difficulty in enforcing this notion, it is possible to do, and would greatly help the benefitcost process, by regulating it to its proper place in an administrative system.

Details

Research in Law and Economics
Type: Book
ISBN: 978-1-84950-455-3

Book part
Publication date: 16 October 2007

Daniel H. Cole

Government agencies have endeavored, with limited success, to improve the methodological consistency of regulatory benefitcost analysis (BCA). This paper recommends that an…

Abstract

Government agencies have endeavored, with limited success, to improve the methodological consistency of regulatory benefitcost analysis (BCA). This paper recommends that an independent cohort of economists, policy analysts and legal scholars take on that task. Independently established “best practices” would have four positive effects: (1) they would render BCAs more regular in form and format and, thus, more readily assessable and replicable by social scientists; (2) improved consistency might marginally reduce political opposition to BCA as a policy tool; (3) politically-motivated, inter-agency methodological disputes might be avoided; and (4) an independent set of “best practices” would provide a sound, independent basis for judicial review of agency BCAs.

Details

Research in Law and Economics
Type: Book
ISBN: 978-1-84950-455-3

Abstract

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The Handbook of Road Safety Measures
Type: Book
ISBN: 978-1-84855-250-0

Book part
Publication date: 30 September 2010

Robert B. Smith

This chapter explicates the logic of a computational agent-based model bearing on the willingness of perpetrator agents to conduct genocidal actions against Jewish people during…

Abstract

This chapter explicates the logic of a computational agent-based model bearing on the willingness of perpetrator agents to conduct genocidal actions against Jewish people during World War II. Given realistic distributions of benefits and costs and sufficient time, as a joint consequence of these distributions and interpersonal influence the model readily creates agents who are avowed anti-Semites, Nazis, and perpetrators of the genocide, even transforming agents characterized initially by lower levels of anti-Semitism. Although many agents initially exhibit dissonance (i.e., a disjunction) between their attitudes and choices, toward the end of this period their anti-Semitic attitudes and choices become consonant (i.e., internally consistent). Experiments and parameter studies using this model indicate that different distributions of benefits and costs, changed legitimacy of authority, and different values of anti-Semitism of influential agents can modify the growth of prejudice, Nazism, and genocidal choices in these random-number-based Monte Carlo trials. The results clarify the conflicting interpretations of Goldhagen and Browning concerning the genocidal actions of a battalion of perpetrators and the role of propaganda in reducing moral costs. Six hypotheses that focus the testing of the model can be generalized creating insights about other genocides.

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Theorizing the Dynamics of Social Processes
Type: Book
ISBN: 978-0-85724-223-5

Abstract

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The Handbook of Road Safety Measures
Type: Book
ISBN: 978-1-84855-250-0

Abstract

Details

Handbook of Transport Systems and Traffic Control
Type: Book
ISBN: 978-1-61-583246-0

Abstract

Details

Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

Abstract

Details

Process Automation Strategy in Services, Manufacturing and Construction
Type: Book
ISBN: 978-1-80455-144-8

Open Access
Article
Publication date: 4 December 2023

Francesca Pagliara, Walid El-Ansari and Ilaria Henke

The objective of this paper is to propose a methodology to estimate the benefits and costs of stakeholder engagement (SE). Indeed, in the transport sector, it is consolidated that…

Abstract

Purpose

The objective of this paper is to propose a methodology to estimate the benefits and costs of stakeholder engagement (SE). Indeed, in the transport sector, it is consolidated that a good decision-making process foresees the involvement of the main stakeholders, but what are the benefits and costs of the SE? How to quantify these impacts and explicitly take them into account in a cost-benefit analysis? In this paper, an attempt to answer these questions is provided.

Design/methodology/approach

In this paper, a methodology is proposed to estimate the benefits and costs of SE. Moreover, the proposed methodology is applied to a case study with an attempt to identify direct and indirect cost and benefit drivers within the context.

Findings

A range of examples of the monetary costs and benefits of SE is provided through the case study of the high-speed rail corridor connecting Bari and Naples in Italy.

Research limitations/implications

Limits in quantifying all the aspects of engagement.

Practical implications

To be adopted by public administrations when deciding whether carrying out a project.

Social implications

Social inclusion is a must in any decision-making process concerning big projects affecting the community.

Originality/value

The original value of this paper is to provide a contribution to the current literature on the quantitative representation of the impacts of SE. Indeed, a methodology to quantify and monetize the costs and benefits of SE is proposed.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

Keywords

Open Access
Article
Publication date: 24 October 2023

Mary Margaret Crowdle, Olivia McDermott and Anna Trubetskaya

This study aimed to bridge the gap between the financial measurement of process improvement ideas and Lean Six Sigma measurements. It was required to increase employee engagement…

Abstract

Purpose

This study aimed to bridge the gap between the financial measurement of process improvement ideas and Lean Six Sigma measurements. It was required to increase employee engagement in process improvement initiatives.

Design/methodology/approach

Through both a practical and theoretical application of the Design for Lean Six Sigma methodology, the researcher was able to design a process and a benefit measuring methodology that was acceptable by finance and aligns with the benefits expected from the elimination of the Lean wastes.

Findings

The project found that benefit measurement methodology is not understood by most employees, which leads to a lack of engagement in working on improvements. The result of the study was a model for employees to identify and quantify these benefits. This has resulted in a model for cost-benefit analysis aligning financial costs with non-value add waste costs and cost of poor-quality costs resulting in increased process improvement ideas and activity.

Research limitations/implications

While this study was limited to one company, applying this methodology could benefit any company experiencing the same difficulties.

Originality/value

This is one of the first studies to try and cost the benefits of LSS projects both from an organisational and generic viewpoint.

Details

The TQM Journal, vol. 35 no. 9
Type: Research Article
ISSN: 1754-2731

Keywords

11 – 20 of over 185000