A Framework of Cost-Effectiveness for Sustainability Strategies
Strategies for implementing alternative energy sources are drawing growing attention as global environmental challenges have raised concerns over energy consumption. Cost-effectiveness is an important criterion for assessing the applicability of a strategy. However, few relevant studies have been performed on alternative energy in a systematic approach. This paper establishes a framework of cost-effectiveness analysis to assess sustainability strategies. The framework summarizes various effects and associated costs of using representative alternative energy sources. On the basis of the framework, this paper specifies guidelines for systematically performing a cost-effectiveness analysis for sustainability strategy research and practice. A case study developed as part of this research project is included in this paper to demonstrate the functionality of the framework.
Y. Lin et al., "A Framework of Cost-Effectiveness for Sustainability Strategies," Proceedings of the 31st Annual National Conference of the American Society for Engineering Management (2010, Fayetteville, AR), pp. 654-660, American Society for Engineering Management (ASEM), Oct 2010.
31st Annual National Conference of the American Society for Engineering Management (2010: Oct. 13-16, Fayetteville, AR)
Engineering Management and Systems Engineering
Keywords and Phrases
Cost-Effectiveness Analysis; Economic Assessment; Sustainability Strategy; Alternative Energy Source; Associated Costs; Environmental Challenges; Energy Utilization; Research; Sustainable Development; Cost Benefit Analysis
International Standard Book Number (ISBN)
Article - Conference proceedings
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