Difference between revisions of "Socio-economic evaluation"
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===Main methods of analysis=== | ===Main methods of analysis=== | ||
Revision as of 14:56, 1 July 2008
To assist in Coastal Management and making decision regarding the coastal zone various forms of Socio-Economic evaluation are used. Any evaluation must be based on good technical knowledge of the situation on the shore regarding erosion processes etc. Then first is it possible to conduct a Socio-Economic evaluation. The steps of an evaluation is shown in the following flowchart:
Main methods of analysis
- Cost-Benefit Analysis (CBA)
- Cost-Effectiveness Analysis (CEA)
- Multi-Criteria Analysis (MCA)
Methods for valuation of effects
- Travel Cost Method (TCM)
- Hedonic Pricing Method (HPM)
- Contingent Valuation Method (CVM)
- Production Factor Method (PFM)
- Prevention Cost Method (PCM)
- Shadow Project Method (SPM)
- Benefit Transfer Method (BTM)
References
Guideline and Case-studies available on Messina project website
