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Cost–benefit Analysis
Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives. It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. A CBA may be used to compare completed or potential courses of action, and to estimate or evaluate the value against the cost of a decision, project, or policy. It is commonly used to evaluate business or policy decisions (particularly public policy), commercial transactions, and project investments. For example, the U.S. Securities and Exchange Commission must conduct cost-benefit analyses before instituting regulations or deregulations. CBA has two main applications: # To determine if an investment (or decision) is sound, ascertaining if – and by how much – its benefits outweigh its costs. # To provide a basis for comparing inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes. Costs (pl.) are often further described based on their t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Army Corps Of Engineers
, colors = , anniversaries = 16 June (Organization Day) , battles = , battles_label = Wars , website = , commander1 = LTG Scott A. Spellmon , commander1_label = Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers , commander2 = MGbr>Richard J. Heitkamp, commander2_label = Deputy Chief of Engineers and Deputy Commanding General , commander3 = MGKimberly M. Colloton, commander3_label = Deputy Commanding General for Military and International Operations , commander4 = MGbr>William H. Graham, commander4_label = Deputy Commanding General for Civil and Emergency Operations , commander5 = COLbr>James J. Handura, commander5_label = Chief of Staff for the U.S. Army Corps of Engi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For Transport, Environment And The Regions
The Secretary of State for the Environment, Transport and the Regions was a United Kingdom Cabinet position created in 1997, with responsibility for the Department of the Environment, Transport and the Regions (DETR). The position and department were created for John Prescott by merging the positions and responsibilities of the Secretary of State for Environment, the Secretary of State for Transport and some other functions. Frank Dobson, who had been Shadow Secretary of State for the Environment prior to the 1997 general election, was made Secretary of State for Health, while Andrew Smith, who had been Shadow Secretary of State for Transport, was made a junior minister at the Department for Education and Employment. Michael Meacher, who had been Shadow Minister for Environmental Protection within the Shadow Cabinet, was given the non-cabinet position of Minister of State for the Environment, and attended cabinet meetings where the Environment was discussed, and a position of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Approach To Appraisal
The New Approach to Appraisal (also NATA) was the name given to a multi-criteria decision framework used to appraise transport projects and proposals in the United Kingdom. NATA was built on the well established cost–benefit analysis and environmental impact assessment techniques (such as those contained in the Highways Agency's Design Manual for Roads and Bridges (DMRB)) for assessing transport projects and proposals. In April 2011 the Coalition Government decided that the term NATA would no longer be used. However, the principles and key elements of the NATA framework remain in the Department for Transport's Transport Analysis Guidance (TAG). History NATA was introduced by the then Department for Transport, Environment and the Regions as part of the 1998 Integrated Transport White Paper and first used in the 1998 review of trunk road schemes. Its development reflected the new Labour Government's aim of providing a more balanced approach to transport appraisals, in terms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoria Line
The Victoria line is a London Underground line that runs between in south London and in the north-east, via the West End. It is printed in light blue on the Tube map and is one of the only two lines on the network to run completely underground, the other being the Waterloo & City line. The line was constructed in the 1960s and was the first entirely new Underground line in London for 50 years. It was designed to reduce congestion on other lines, particularly the Piccadilly line and the branch of the Northern line. The first section, from Walthamstow Central to , opened in September 1968 and an extension to followed in December. The line was completed to Victoria station in March 1969 and was opened by Queen Elizabeth II who rode a train from Green Park to Victoria. The southern extension to Brixton opened in 1971, and Pimlico station was added in 1972. The Victoria line is operated using automatic train operation, but all trains have drivers. The 2009 Tube Stock rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Underground
The London Underground (also known simply as the Underground or by its nickname the Tube) is a rapid transit system serving Greater London and some parts of the adjacent ceremonial counties of England, counties of Buckinghamshire, Essex and Hertfordshire in England. The Underground has its origins in the Metropolitan Railway, the world's first underground passenger railway. Opened on 10 January 1863, it is now part of the Circle line (London Underground), Circle, District line, District, Hammersmith & City line, Hammersmith & City and Metropolitan lines. The first line to operate underground electric locomotive, electric traction trains, the City & South London Railway in 1890, is now part of the Northern line. The network has expanded to 11 lines, and in 2020/21 was used for 296 million passenger journeys, making it List of metro systems, one of the world's busiest metro systems. The 11 lines collectively handle up to 5 million passenger journeys a day and serve 272 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M1 Motorway
The M1 motorway connects London to Leeds, where it joins the A1(M) near Aberford, to connect to Newcastle. It was the first inter-urban motorway to be completed in the UK; the first motorway in the country was the Preston By-pass, which later became part of the M6. The motorway is long and was constructed in four phases. Most of the motorway was opened between 1959 and 1968. The southern end was extended in 1977 and the northern end was extended in 1999. History There had been plans before the Second World War for a motorway network in the United Kingdom. Lord Montagu formed a company to build a 'motorway like road' from London to Birmingham in 1923, but it was a further 26 years before the Special Roads Act 1949 was passed, which allowed for the construction of roads limited to specific vehicle classifications, and in the 1950s, the country's first motorways were given the government go-ahead. The first section of motorway was the Preston Bypass in Lancashire, now par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Environmental Policy Act
The National Environmental Policy Act (NEPA) is a United States environmental law that promotes the enhancement of the environment and established the President's Council on Environmental Quality (CEQ). The law was enacted on January 1, 1970.United States. National Environmental Policy Act of 1969. , Approved January 1, 1970. ''et seq.'' To date, more than 100 nations around the world have enacted national environmental policies modeled after NEPA. Prior to NEPA, Federal agencies were mission oriented. An example of mission orientation was to select highway routes as the shortest route between two points. NEPA was necessary to require Federal agencies to evaluate the environmental effects of their actions. NEPA's most significant outcome was the requirement that all executive Federal agencies prepare environmental assessments (EAs) and environmental impact statements (EISs). These reports state the potential environmental effects of proposed Federal agency actions. Further, U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quarterly Journal Of Economics
''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer, and Stefanie Stantcheva. History It is the oldest professional journal of economics in the English language, and covers all aspects of the field—from the journal's traditional emphasis on micro-theory to both empirical and theoretical macroeconomics. Reception According to the ''Journal Citation Reports'', the journal has a 2015 impact factor of 6.662, ranking it first out of 347 journals in the category "Economics". It is generally regarded as one of the top 5 journals in economics, together with the American Economic Review, Econometrica, the Journal of Political Economy, and the Review of Economic Studies. Notable papers Some of the most influential and well-read papers in economics have been published in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Option Value
Option or Options may refer to: Computing *Option key, a key on Apple computer keyboards *Option type, a polymorphic data type in programming languages *Command-line option, an optional parameter to a command *OPTIONS, an HTTP request method Literature * ''Options'' (novel), a novel by Robert Sheckley * ''Option'' (car magazine), a Japanese car magazine * ''Option'' (music magazine), a defunct American music magazine Legal rights *Option (aircraft purchasing) *South Tyrol Option Agreement, a forced resettling contract between fascist Italy and Nazi Germany regarding the German-speaking inhabitants of South Tyrol *Option (filmmaking), a contractual agreement between a film producer and a writer, in which the producer obtains the right to buy a screenplay from the writer before a certain date. *Option (finance), an instrument that conveys the right, but not the obligation, to engage in a future transaction (for example, on some underlying security or on a parcel of real prop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of economics. The current editor-in-chief is Esther Duflo, an economic professor at the Massachusetts Institute of Technology. The journal is based in Pittsburgh. In 2004, the ''American Economic Review'' began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data. Until 2017, the May issue of the ''American Economic Review'', titled the ''Papers and Proceedings'' issue, featured the papers presented at the American Economic Association's annual meeting that January. After being selected for presentation, the papers in the ''Papers and Proceedings'' issue did not undergo a formal process of peer review. Starting in 2018, papers pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allen V
Allen, Allen's or Allens may refer to: Buildings * Allen Arena, an indoor arena at Lipscomb University in Nashville, Tennessee * Allen Center, a skyscraper complex in downtown Houston, Texas * Allen Fieldhouse, an indoor sports arena on the University of Kansas campus in Lawrence * Allen House (other) * Allen Power Plant (other) Businesses *Allen (brand), an American tool company *Allen's, an Australian brand of confectionery * Allens (law firm), an Australian law firm formerly known as Allens Arthur Robinson *Allen's (restaurant), a former hamburger joint and nightclub in Athens, Georgia, United States *Allen & Company LLC, a small, privately held investment bank *Allens of Mayfair, a butcher shop in London from 1830 to 2015 *Allens Boots, a retail store in Austin, Texas * Allens, Inc., a brand of canned vegetables based in Arkansas, US, now owned by Del Monte Foods * Allen's department store, a.k.a. Allen's, George Allen, Inc., Philadelphia, USA People * Allen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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