Ordinal benefits vs economic benefits as a reference guide for policy decision making. The case of hydrogen technologies

Corrado Giannantoni

Energy, 2009, vol. 34, issue 12, 2230-2239

Abstract: The paper presents an Investment Evaluation Method in Energetic–Economic–Environmental field which is particularly indicated for Hydrogen Technologies because it enables us to account not only for the traditional economic return and the possible negative externalities (damages), but also for: i) the induced economic benefits at a social level; ii) those positive (and negative) externalities usually considered as being estimable in economic terms as “proxies”; iii) and, finally, Ordinal Benefits. That is those Benefits which are never ever reducible to a simple monetary value, nonetheless they can always be object of a possible estimation, still in economic terms, by means of values understood as a “cipher”.

Keywords: Hydrogen technologies; Analysis of investments; State incentives; Economic externalities; Ordinal externalities; Incipient Differential Calculus (IDC) (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544208003253
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:34:y:2009:i:12:p:2230-2239

DOI: 10.1016/j.energy.2008.12.019

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().