This note summarizes the results of a social Cost–Benefit Analysis (CBA) of the High Luminosity upgrade of the Large Hadron Collider (HL-LHC). The social CBA methodology is well-suited to assess social costs and benefits of the HL-LHC up to 2038. The analysis shows that the ratio between incremental benefits and incremental costs of the HL-LHC with respect to operating the LHC under normal consolidation (i.e. without high-luminosity upgrade) is slightly over 1.7, meaning that each Swiss Franc invested in the HL-LHC upgrade project pays back approximately 1.7 CHF in societal benefits. The rest of the note is organized as follows. We first discuss the merits of CBA; next, we present the methodology and discuss the results.
Findings from the LHC/HL-LHC Programme / A. Bastianin - In: The Economics of Big Science : Essays by Leading Scientists and / [a cura di] H.P. Beck, P. Charitos. - [s.l] : Springer, 2021. - ISBN 9783030523909. - pp. 71-77 [10.1007/978-3-030-52391-6_10]
Findings from the LHC/HL-LHC Programme
A. Bastianin
Primo
2021
Abstract
This note summarizes the results of a social Cost–Benefit Analysis (CBA) of the High Luminosity upgrade of the Large Hadron Collider (HL-LHC). The social CBA methodology is well-suited to assess social costs and benefits of the HL-LHC up to 2038. The analysis shows that the ratio between incremental benefits and incremental costs of the HL-LHC with respect to operating the LHC under normal consolidation (i.e. without high-luminosity upgrade) is slightly over 1.7, meaning that each Swiss Franc invested in the HL-LHC upgrade project pays back approximately 1.7 CHF in societal benefits. The rest of the note is organized as follows. We first discuss the merits of CBA; next, we present the methodology and discuss the results.File | Dimensione | Formato | |
---|---|---|---|
Bastianin2021_Chapter_FindingsFromTheLHCHL-LHCProgra.pdf
accesso aperto
Tipologia:
Publisher's version/PDF
Dimensione
421.99 kB
Formato
Adobe PDF
|
421.99 kB | Adobe PDF | Visualizza/Apri |
Pubblicazioni consigliate
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.