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New Open-Access publication: The Social Cost-Benefit of large Research Infrastructures

Words by Claudia Santoro, 3rd July 2020

Massimo Florio and Chiara Pancotti, from CSIL and the University of Milan, authored a new paper published on Oxford Research Encyclopedia of Physics. The full-length article is freely available online.

“The Economics of Physics: The Social Cost-Benefit Analysis of Large Research Infrastructures” argues that large-scale Research Infrastructures in physics may take advantage of the scrutiny of social Cost-Benefit Analysis. It can either be used to complement the scientific case before a decision is taken or be performed several years later to assess the ex-post impact of the investment decision.

 

The Economics of Physics: The Social Cost-Benefit Analysis of Large Research Infrastructures

Link: https://oxfordre.com/physics/view/10.1093/acrefore/9780190871994.001.0001/acrefore-9780190871994-e-23

Words by Claudia Santoro, 3rd July 2020