Application of cost- benefit analysis and data envelopment analysis to evaluate the municipal solid waste management projects in metro Manila
Part of : WSEAS transactions on business and economics ; Vol.5, No.12, 2008, pages 524-540
Issue:
Pages:
524-540
Abstract:
Based on consultations with a municipal solid waste management (MSW) expert group, this studyelucidates how governmental officials can solve the problems surrounding municipal solid waste management inMetropolitan-Manila. A crucial related issue is how the expert group can better evaluate MSW solutions andselect favorable ones better evaluate and select a favorable MSW solution using a series of criteria. MSWsolution selection is a multi-criteria decision-making problem, which requires considering numerous complexcriteria. The study applies cost-benefit analysis (CBA) and data envelopment analysis (DEA) to determine thebenefits and cost / input and output technical efficiency of alternative projects, which affords financial datainformation that evaluators can use for economic decision-making regarding MSW projects. Results of thisstudy suggest that the thermal process technology is less efficient than resource recovery using DEA.Nevertheless, the net benefits of resource recovery exceed those of the thermal process technology by CBA.
Subject:
Subject (LC):
Keywords:
municipal solid waste management, cost-benefit analysis, data envelopment analysis
Notes:
Περιέχει γραφήματα, πίνακες και βιβλιογραφία
