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- W2883310266 abstract "This paper outlines the limitations in the current Australian approach to evaluating infrastructure projects, programs and policies. It considers how Cost-Benefit Analysis in social housing, criminal justice, health and transport sectors could be further developed or strengthened by improving the valuation of non-market impacts. For each of these four sectors, we suggest impacts that could be considered. We argue using the benefit transfer method (where proxies from other jurisdictions or studies to measure impact) is our preferred approach as a first step to extending and improving the use of Cost-Benefit Analysis in non-transport sectors. We present different methods, data sources and evaluation instruments that can be used to ascribe monetary values to more economic, social, and environmental impacts. Finally, we report a set of parameter values that are currently used in other Australian states and internationally that could be adopted for use in Victoria." @default.
- W2883310266 created "2018-08-03" @default.
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- W2883310266 date "2016-11-02" @default.
- W2883310266 modified "2023-09-27" @default.
- W2883310266 title "Moving from Evaluation to Valuation: Improving project appraisals by monetising more social and environmental impacts" @default.
- W2883310266 hasPublicationYear "2016" @default.
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