Social cost - Revision history

Designing Buildings at 07:28, 14 September 2022

2022-09-14T07:28:13Z

← Older revision		Revision as of 07:28, 14 September 2022
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	And social cost-effectiveness analysis (SCEA): '...compares the costs of alternative ways of producing the same or similar outputs.'		And social cost-effectiveness analysis (SCEA): '...compares the costs of alternative ways of producing the same or similar outputs.'

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	NB [https://www.ipcc.ch/sr15/ Global Warming of 1.5 ºC, Glossary], published by the Intergovernmental Panel on Climate Change (IPCC) in 2018, defines social costs as: ‘The full costs of an action in terms of social welfare losses, including external costs associated with the impacts of this action on the environment, the economy (GDP, employment) and on the society as a whole.’
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		+	See also: Social cost of carbon.
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		+	= Related articles on Designing Buildings =

	* Benefit.		* Benefit.
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	* Risk.		* Risk.
	* Social benefits.		* Social benefits.
		+	* Social cost of carbon.
	* Social value.		* Social value.
−	* Supplier.
−	* Tender documents.
−	* Tendering.
	* Value.		* Value.

	[[Category:DCN_Definition]] [[Category:Definitions]]		[[Category:DCN_Definition]] [[Category:Definitions]]

Designing Buildings at 07:02, 19 July 2021

2021-07-19T07:02:07Z

← Older revision		Revision as of 07:02, 19 July 2021
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	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

		+	* Benefit.
	* Business as usual.		* Business as usual.
	* Deadweight.		* Deadweight.

Designing Buildings at 10:54, 12 January 2021

2021-01-12T10:54:26Z

← Older revision		Revision as of 10:54, 12 January 2021
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	It suggested that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'		It suggested that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'

−	And social cost-effectiveness analysis: '...compares the costs of alternative ways of producing the same or similar outputs.'	+	And social cost-effectiveness analysis (SCEA): '...compares the costs of alternative ways of producing the same or similar outputs.'

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 10:03, 27 November 2020

2020-11-27T10:03:56Z

← Older revision		Revision as of 10:03, 27 November 2020
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−	[https://~~assets.publishing.service~~.gov.uk/government/~~uploads~~/~~system/uploads/attachment_data/file/685903/The_Green_Book.pdf~~ The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in ~~2018~~, suggests ~~that social cost is~~: ~~‘…the total cost~~ to society of ~~an economic activity –~~ the sum of ~~the opportunity~~ costs ~~of the resources used by the agent carrying out the activity, plus~~ any ~~additional costs imposed on society from~~ the ~~activity (external costs)~~.’	+	[https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2020, suggests: ‘Social Costs are the costs to society , the total of which in the Green Book is the sum of costs accruing to society and any benefits accruing to the public sector.’

−	It suggests that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'	+	It suggests: 'Social Cost Benefit Analysis quantifies in monetary terms the effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost. It generates measure of social value. When combined with an appropriate public sector cost measure a BCR is produced which provides a social unit cost measure.
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		+	And: 'Social Cost-Effectiveness Analysis compares the costs of alternative ways of producing the same or similar outputs, it produces a unit cost measure.'
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		+	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The 2018 Green Book,] suggested that social cost is: ‘…the total cost to society of an economic activity – the sum of the opportunity costs of the resources used by the agent carrying out the activity, plus any additional costs imposed on society from the activity (external costs).’
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		+	It suggested that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'

	And social cost-effectiveness analysis: '...compares the costs of alternative ways of producing the same or similar outputs.'		And social cost-effectiveness analysis: '...compares the costs of alternative ways of producing the same or similar outputs.'

Designing Buildings: Created page with "[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The Green Book, Central Government Guidance On Appraisa..."

2020-11-02T10:35:10Z

Created page with "[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The Green Book, Central Government Guidance On Appraisa..."

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[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf The Green Book, Central Government Guidance On Appraisal And Evaluation], Published by HM Treasury in 2018, suggests that social cost is: ‘…the total cost to society of an economic activity – the sum of the opportunity costs of the resources used by the agent carrying out the activity, plus any additional costs imposed on society from the activity (external costs).’

It suggests that social cost benefit analysis: '...quantifies in monetary terms all effects on UK social welfare. Costs to society are given a negative value and benefits to society a positive value. Costs to the public sector are counted as a social welfare cost.'

And social cost-effectiveness analysis: '...compares the costs of alternative ways of producing the same or similar outputs.'

= Related articles on Designing Buildings Wiki =

* Business as usual.
* Deadweight.
* Displacement.
* Do-minimum option.
* Green book.
* Monte Carlo analysis.
* Price.
* Real price.
* Resource cost.
* Risk.
* Social benefits.
* Social value.
* Supplier.
* Tender documents.
* Tendering.
* Value.

[[Category:DCN_Definition]] [[Category:Definitions]]