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05.10.2018 13:13

New article from BONUS MIRACLE presents a bottom-up approach to Environmental Cost-Benefit analysis.

While cost-benefit analyses (CBA) are usually applied in a top-down approach, this paper investigates the possible advantages, prerequisites and limitations of applying CBA in what may be considered an alternative, “bottom-up” manner. For two case catchments, it is demonstrated how CBA can be used in a participatory process to develop plans that are acceptable to the local society, and also shed light on possible distributional effects.

Carolus, J. F., N. Hanley, S. B. Olsen and S. M. Pedersen (2018). "A bottom-up approach to environmental cost-benefit analysis " Ecological Economics 152: 282-295. https://doi.org/10.1016/j.ecolecon.2018.06.009

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