Cost Benefit Analysis of the Community Patent

The creation of a European Community Patent (COMPAT) came a step closer this month when Sweden brokered a preliminary agreement on the issue. In this working paper, Senior Resident Fellow Bruno van Pottelsberghe and Jérôme Danguy use simulations to take a look at the advantages, disadvantages, winners and losers from the creation of the COMPAT. They find that it would drastically reduce the relative patenting costs for applicants while generating more income for the European Patent Office and increased savings for the business sector. They also explain that the lost of economic rents for patent attorneys, translators and lawyers specialised in patent litigation and the drop of controlling power for national patent offices may explain why there has been such resistance to the COMPAT thus far.

Cost Benefit Analysis Taman Kuliner Condongcatur, Depok, Sleman, YOGYAKARTA

This article describes about Benefit Cost Analysis development of Taman Kuliner Condongcatur. It was found that there are three actors performing important roles in the development of Taman KulinerCondongcatur: Sleman regency government, stall tenants, and people surround the court. Of the actors, there was benefit cost which was spent and received as the consequence of Taman Kuliner. The cost and benefit earned by both Sleman Regency and the tenants were far from expectation. The net benefit cost received by Sleman regency government was negative Rp. 271.670.000,-. The net benefit cost received by stall tenants was positive Rp. 57.684.000,-. The indirect cost which cannot be measured with money was the people's losing job. The indirect benefits were labor force absorption and the availability of means and infrastructures of art and socio-cultural performance to the society

Reliabilty and Cost Benefit Analysis of DG Integrated Distribution System

Integration of Distributed generation (DG) results in a number of advantages ranging from reduction in losses to delayed generation and transmission capacities. In this paper the impact of DGs on reliability is considered and their effect on reliability in terms of number and location is evaluated. The integration of DG changes configuration of the radial system. This point is considered for evaluating the load point indices. The cost effectiveness of number of DGs is evaluated for the determining the returns on the DG investment cost. The above analysis is carried out on a RBTS Bus 2 system. The reliability indices are calculated using FMEA technique

Well-Being Analysis vs. Cost-Benefit Analysis

Cost-benefit analysis (CBA) is the primary tool used by policymakers to inform administrative decisionmaking. Yet its methodology of converting preferences (often hypothetical ones) into dollar figures, then using those dollar figures as proxies for quality of life, creates significant systemic errors. These problems have been lamented by many scholars, and recent calls have gone out from world leaders and prominent economists to find an alternative analytical device that would measure quality of life more directly. This Article proposes well-being analysis (WBA) as that alternative. Relying on data from studies in the field of hedonic psychology that track people\u27s actual experience of life-data that have consistently been found reliable and valid-WBA is able to provide the same policy guidance as CBA without CBA\u27s distortionary reliance upon predictions and dollar figures. We show how WBA can be implemented, and we catalog its advantages over CBA. In light of this comparison, we conclude that WBA should assume CBA\u27s role as the decisionmaking tool of choice for administrative regulation

Cost-Benefit Analysis Under Uncertainty

In what follows we provide a conceptually correct procedure for determining whether a risky project passes the "potential Pareto improvement" welfare criterion which forms the normative basis of cost-benefit analysis. In this approach the role of secondary markets in providing opportunities for redistributing risk is made transparent and the modifications necessary when such markets do not exist are suggested.

Cost benefit analysis vs. referenda

We consider a planner who chooses between two possible public policies and ask whether a referendum or a cost benefit analysis leads to higher welfare. We find that a referendum leads to higher welfare than a cost benefit analyses in "common value" environments. Cost benefit analysis is better in "private value" environments.Cost benefit analysis, elections, referenda, project evaluation

PRINCIPLES OF COST-BENEFIT ANALYSIS

This paper summarizes the procedure for the economic evaluation of government projects and policy reforms. It begins with the social welfare function underpinnings of cost-benefit analysis including the role of distributive weights and the choice of numeraire. It then turns to the conduct of a social cost-benefit analysis using the net present value criterion. This includes the shadow pricing of market products and inputs affected by the project, indirect welfare effects, the opportunity cost of project finance, the evaluation of non-marketed inputs and outputs, and the opportunity cost of risk. Issues involved in selecting a discount rate are discussed, especially those arising from imperfect capital markets. Finally, since many public projects have long-term consequences, the principles that might be used to take account of effects of projects on future generations are outlined. Techniques for accounting for these effects, such as generational accounting, are summarized and its shortcomings highlighted.evaluation, government projects, policy reforms, imperfect capital markets, generational accounting, shadow pricing