Assessment of Social Value for a Nuclear-Fueled Electric Economy with Application to the European Community
Year: 1989
Author: Gottinger, Hans W.
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 109 (1989), Iss. 1 : pp. 93–117
Abstract
This essay focusses on an important public decision problem in energy policy to add on the basis of a given set of coal-fired power plants to generate electricity either nuclear-fueled power plants or another set of coal-fired power plants. To make decisions of that sort with long-run impacts we introduce as valuation criterion the "incremental net social benefit" (INSB) as the difference between the "incremental social benefit" (ISB), caused by the newly introduced technology of electric power generation and the "incremental social cost" (ISC), induced by this technology.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.109.1.93
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 109 (1989), Iss. 1 : pp. 93–117
Published online: 1989-01
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 25