• Title/Summary/Keyword: Benefit Evaluation

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Estimating Potential Value of Proton Accelerator in Korea Using Contingent Valuation Method

  • Jeong, Ki-Ho;Kim, Jun-Yeon
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.2
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    • pp.387-394
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    • 2006
  • In Korea, a proton linear accelerator complex is being built as a part of the 21st Century Frontier Projects. Contingent valuation method (CVM) is a main evaluation method of nonmarket goods for which markets either do not exist at all or do exist only incompletely. This study shows the method can be applied to the benefit assessment of the proton accelerator complex. Using the discrete choice CVM method, this study estimates the willingness-to-pay (WTP) of a would-be user for the proton accelerator complex as 20,133 won per month.

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A Study on Application Methods to Economic Impact Analysis on R&D of Geoscience and Mineral Resources in Input-Output-Outcome Perspective (연구성과(outcome) 관점에서 지질지원 분야 연구개발의 경제적 파급효과 분석 방법론 적용)

  • Ahn, Eun-Young;Kim, Seong-Yong
    • Economic and Environmental Geology
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    • v.39 no.6 s.181
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    • pp.787-801
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    • 2006
  • Focused in the characteristic of R&D on Geoscience and Mineral Resources as basic research area, we survey on methods of public works' economic impact analysis including cost-benefit analysis and resent technology evaluation methods and suggest apply-methods to conduct economic impact analysis on R&D of geoscience and mineral resources. To conduct economic impact analysis on the basic research area, it need to identification research's out-come not just output. In this perspective, we propose a method, Input-Output-Outcome Roadmapping to identify the outcome of R&D and show the relation of input, output, and outcome of R&D. Furthermore, noticing the different effects of R&D from public works, we directly evaluate the use-value of the academic theory or geological maps through Contingent Valuation Method(CVM) and others developed as evaluation methods on environmental goods. In indirect application methods, it can evaluate the partial of the pubic works' benefit with assuming R&D factors if R&D is a part of public works. If not, we evaluate the R&D's value as reductions of costs or additions of benefit with finding related public works.

A Study on the Evaluation of Fuel Characteristic and Economic Benefit for Co-combustion of Dried Sewage Sludge with Coal (건조 하수슬러지의 석탄 혼소를 위한 연료특성 및 경제성 평가에 관한 연구)

  • Kang, Jeong Hee;Kang, Jong Yun;Lee, See Hyung;Kim, Byung Tae;Lee, Nam-Hoon
    • Journal of the Korea Organic Resources Recycling Association
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    • v.22 no.1
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    • pp.11-19
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    • 2014
  • A study on combustion characteristic and evaluation of cost benefit were carried out using dried sewage sludge to evaluate co-combustion with coal in a coal-fired power plant. In the result of proximate analysis, sewage sludge has 78.09%, 79.65% of moisture content in A STP(Sewage Treatment Plant) and B STP, respectively. The dried sewage sludges show 0.12, 0.14 of fuel ratio value, respectively and over 30,000kcal/kg of combustible index. It means that the dried sewage sludges needs to reform from the results of fuel ratio and combustible index. As a results of the economical benefit evaluation of dried sewage sludge, about 73.4 million won through using the dried sewage sludges instead of coal and 56.4 million won through REC(Renewable Energy Certificate) cost were saved, respectively. On the other hand, it occurs 4.2 million won of additional cost related to ash disposal and 2.6 million won of investment/operation cost for co-combustion facility. In conclusion, co-combustion of dried sewage sludges with coal in a coal-fired power plant saves about 123 million won. However, it needs to consider for power supply to produce dried sewage sludges and opportunity cost for environmental pollution and so on to evaluate more reasonable benefit of co-combustion.

Balancing Benefit-Risk in Drug Evaluation

  • Ahn, Chang H.
    • Proceedings of the PSK Conference
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    • 2003.10a
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    • pp.38-39
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    • 2003
  • There have been remarkable medical advances, largely as the result of improved understanding of disease mechanisms and of advances in human genetics at the individual level. Subsequently, remarkable effective medicines continue to be discovered at an increasing rate. Development of these medicines become increasingly complex, accompanied by globalization and global standards, requiring ever higher standards of efficacy, safety and quality. (omitted)

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A Revised Benefit-Cost Analysis of the Korean TUR Program (우리나라 고독성물질 사용저감 규제의 수정 편익-비용분석)

  • Yoon, Daniel Jongsoo;Byun, Hun-Soo
    • Clean Technology
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    • v.26 no.3
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    • pp.168-176
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    • 2020
  • The introduction of the Korea toxics use reduction (TUR) program to build a clean society is generally evaluated based on social economic criteria. Among various techniques, benefit-cost analysis is the most commonly used. This method is focused on the calculation and comparison of all the benefits and costs attributable to the TUR program. However, since it is reasonable to consider not only economic criteria but also policy criteria in the process of evaluation, it is necessary to reflect on the criteria weights found in the benefits and costs. This study aims at developing a new evaluation technique to achieve this purpose and apply it to the Korean TUR program to be implemented in 2020. This study selected competitiveness, toxic substances' emission reduction ratio, and health improvement as policy criteria. The Analytic Hierarchy Process (AHP) technique was initially used to calculate the weight and then, based on the results, the concept of information entropy introduced by Claude Shannon was used to eliminate subjective bias. As a result of the study, it was found that the revised benefit-cost analysis considering the weights of the policy criteria, as well as the existing economic criteria, could be a reasonable alternative in evaluating the feasibility of TUR regulations for highly toxic substances.

A Study on Improvement of Feasibility Evaluation for Public Projects (공공사업 타당성 평가의 개선 방안에 관한 연구)

  • Park, Seung-Jun
    • Journal of the Korea Convergence Society
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    • v.8 no.2
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    • pp.163-168
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    • 2017
  • The feasibility evaluation of public projects has been carried out mainly in the economic analysis. However, items of political, technological and balanced regional development aspects are further evaluated by applying analytic hierarchy process, This paper suggests to analyzes preliminary feasibility study of construction and research & development project during the past three years and to verify correlation between B/C ratio and AHP weight. The result shows that the correlation between cost benefit ratio and the weight of the hierarchy is 0.744 in construction projects and 0.899 in research & development project. Namely, AHP weight be under the control of B/C ratio and is devoted to its role against expectation. Therefore it must be sufficiently discussed in various designs of studies to maximize the effects of AHP analysis.

The effects of benefit perception and risk perception on consumer evaluation during overseas direct purchase (해외직접구매의 혜택지각 및 위험지각 요인이 소비자 평가에 미치는 영향)

  • Son, Jeyoung;Jung, Hun-ju;Kang, Inwon
    • International Commerce and Information Review
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    • v.19 no.4
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    • pp.3-28
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    • 2017
  • This study examined factors, such as benefit perception, risk perception, product, and website, which affect consumer attitude toward overseas direct purchase. To achieve this, 298 Korean consumers who have experienced overseas direct purchasing were analyzed. The results show that delivery risk and product risk were the most influential determinants of the level of trust level in overseas direct purchase sites. In addition, the results of this study confirm that the level of trust in overseas direct purchase sites has a strong influence on both the intention to recommend and the intention to continue patronizing the site. Moreover, this study conducted a mean difference analysis according to the types of overseas direct purchases (overseas direct delivery, overseas purchasing agency, and overseas delivery agency) and product categories (clothes, food and beverage products, and household appliances). This study lists various practical implications that can be applied to each overseas direct purchase service by firm and consumer characteristics.

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Development of Evaluation Methodology on the Performance of BTL Sewer Rehabilitation Projects (하수관거정비 BTL사업의 효과분석 및 방안 수립 연구)

  • Song, Ho-Myeon;Cho, Jeong-Il;Ahn, Choong-Hee
    • Journal of Korean Society of Water and Wastewater
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    • v.24 no.6
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    • pp.743-751
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    • 2010
  • It requires an interim performance assessment for BTL business of the sewerage rehabilitation which continues from 2005 till now. Means, It is necessary to make an interim performance assessment and an analysis of an business effect of the sewerage rehabilitation BTL projects which still continues, and we presented an improvement method of the new sewerage rehabilitation project in future. This paper has conducted an analysis of the business effect for 3 local government BTL projects which are completed and under operation as of now in Jincheon-Gun, Cheongju-Si and Gangjin-Gun. As a method of business effect analysis, we conducted a business effect of the 3 places using the index set which we previously set for the business effect analysis. The index set in this research was sectionalized to an improvement effect of operating wastewater treatment plant, an benefit effect of the direct cost, an benefit effect of the indirect cost and an environment friendly effect. We, in this paper, conducted an business effect analysis for 3 sewerage rehabilitation BTL projects which are completed or under operation recently as a demonstration, however we judge that an business effect analysis shall be conducted in a stage that a significant time for operation has passed since the completion of the construction in order to induce an actual business effect of the sewerage rehabilitation BTL project.

The Role of FDG PET in Malignant Lymphoma (악성 림프종에서 FDG PET의 역할)

  • Yun, Mi-Jin
    • The Korean Journal of Nuclear Medicine
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    • v.36 no.1
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    • pp.53-63
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    • 2002
  • FDG PET is a functional imaging modality whose ability to detect lesions is directly based on a change of the glycolytic metabolism of targeted tissues, may be advantageous over other techniques. Combined with excellent image qualify, high spatial resolution, and whole body imaging capability, it has become popular as a new approach in the evaluation of patients with various malignancies. Initial staging of nodal and extranodal lymphoma using FDG PET has been proven to be at least equal or superior to conventional imaging modalities. For the assessment of treatment responsiveness, FDG PET has a major impact on the management of patients in differentiating residual lymphoma from treatment related benign changes. Residual FDG uptake after the completion of chemotherapy is a good predictor of early relapse. However, it seems that the absence of FDG uptake in tumor mass may not exclude minimal residual disease causing later relapse. In the early evaluation of treatment response only after a few cycles of chemotherapy, FDG PET may have a promising role in identifying non-responders who could benefit from a different treatment strategy. At present, FDG PET appears to be the cost-effective, diagnostic modality of choice in the management of lymphoma patients. The role of FDG PET based-systems in terms of affecting long-term prognosis and survival benefit should be further elucidated in future prospective studios.

GIS-Supported System for Measuring the Effect of Social Infrastructure Improvements (사회기반시설 정비효과계측을 위한 GIS지원시스템)

  • Pior, Myoung-Young
    • Journal of Korean Society for Geospatial Information Science
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    • v.8 no.1 s.15
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    • pp.27-42
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    • 2000
  • In this study, a GIS-supported system is used to measure the effect of social infrastructure improvements. Benefit evaluation approach is based on two types of approaches -the simple hedonic approach and Rosen's two step approach. The land attribute data for both approaches are efficiently collected and generated in a GIS-supported environment. Moreover, it conveys more objective and correct data. The benefits are estimated on real locations by using GIS. The potentiality of the developed system for practical application has been verified by its application to Joban New Line in Tokyo metropolitan area. By incorporating benefit evaluation routines into GIS, the proposed system will be a useful tool for decision making on the improvements of social infrastructure.

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