Cost-Benefit Analysis of the Large Hadron Collider to 2025 and beyond
@article{Florio2015CostBenefitAO, title={Cost-Benefit Analysis of the Large Hadron Collider to 2025 and beyond}, author={Massimo Florio and Stefano Forte and Emanuela Sirtori}, journal={arXiv: Physics and Society}, year={2015} }
Social cost-benefit analysis (CBA) of projects has been successfully applied in different fields such as transport, energy, health, education, and environment, including climate change. It is often argued that it is impossible to extend the CBA approach to the evaluation of the social impact of research infrastructures, because the final benefit to society of scientific discovery is generally unpredictable. Here, we propose a quantitative approach to this problem, we use it to design an…
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