A framework of cost-effectiveness for sustainability strategies

Yaqin Lin; Ruwen Qin; Scott E. Grasman; Suzanna Long; Mathew Thomas

A framework of cost-effectiveness for sustainability strategies

Yaqin Lin
, Ruwen Qin
, Scott E. Grasman
, Suzanna Long
, Mathew Thomas

Civil Engineering

Missouri University of Science and Technology

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

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.

Original language	English
Title of host publication	31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010
Pages	654-660
Number of pages	7
State	Published - 2010
Event	31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010 - Fayetteville, AR, United States Duration: Oct 13 2010 → Oct 16 2010

Publication series

Name	31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010

Conference

Conference	31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010
Country/Territory	United States
City	Fayetteville, AR
Period	10/13/10 → 10/16/10

Keywords

Cost-effectiveness analysis
Economic assessment
Sustainability strategy

Cite this

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title = "A framework of cost-effectiveness for sustainability strategies",

abstract = "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.",

keywords = "Cost-effectiveness analysis, Economic assessment, Sustainability strategy",

author = "Yaqin Lin and Ruwen Qin and Grasman, \{Scott E.\} and Suzanna Long and Mathew Thomas",

year = "2010",

language = "English",

isbn = "9781617824449",

series = "31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010",

pages = "654--660",

booktitle = "31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010",

note = "31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010 ; Conference date: 13-10-2010 Through 16-10-2010",

}

Lin, Y, Qin, R, Grasman, SE, Long, S & Thomas, M 2010, A framework of cost-effectiveness for sustainability strategies. in 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010. 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010, pp. 654-660, 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010, Fayetteville, AR, United States, 10/13/10.

A framework of cost-effectiveness for sustainability strategies. / Lin, Yaqin; Qin, Ruwen; Grasman, Scott E. et al.
31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010. 2010. p. 654-660 (31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - A framework of cost-effectiveness for sustainability strategies

AU - Lin, Yaqin

AU - Qin, Ruwen

AU - Grasman, Scott E.

AU - Long, Suzanna

AU - Thomas, Mathew

PY - 2010

Y1 - 2010

N2 - 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.

AB - 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.

KW - Cost-effectiveness analysis

KW - Economic assessment

KW - Sustainability strategy

UR - https://www.scopus.com/pages/publications/84880491898

M3 - Conference contribution

AN - SCOPUS:84880491898

SN - 9781617824449

T3 - 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010

SP - 654

EP - 660

BT - 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010

T2 - 31st Annual National Conference of the American Society for Engineering Management 2010, ASEM 2010

Y2 - 13 October 2010 through 16 October 2010

ER -

A framework of cost-effectiveness for sustainability strategies

Abstract

Publication series

Conference

Keywords

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Cite this