Policy makers and regulators often need to conduct cost-benefit analyses of proposed new policies and regulations, to help determine the impact of the policy, the form in which the policy or regulation should best be implemented, and whether or not it should be implemented at all.  Businesses similarly need to conduct cost-benefit analyses to help shape their investment proposals, and to justify their resulting business plans to their regulator(s).The methods of cost-benefit analysis are rooted in welfare economics and are well established in theory and in practice, around the world and across a huge range of applications.  At their core is the intuitive idea that policies or projects should be implemented only when the benefits outweigh the costs.

Related experience

(Includes experience gained while in previous employment at organisations other than PJM Economics)

  • Advice on Application of Results from Willingness to Pay Surveys in CBA
    Multiple water companies, UK.
  • Drought Order Economic Impact Assessment
    Thames Water, UK
  • Screening Economic Mechanisms for Inclusion in Programmes of Measures for the Water Framework Directive
    Defra / CRP, UK
  • The Economics of Wastewater Supply-Demand Planning
    Thames Water, UK