quote:
You still haven't accounted for benefits and opportunity costs, as I have asked you to do.
Oh please... it looks like you know about three terms that you are going to repeat over and over again....
Don't berate people for something you haven't managed to do yourself.
So how have you performed this "cost-benefit" analysis?
Can you provide us the equations you have used in your model?
What is the methodology you have applied?
What are the figures you have plugged into this model?
What the implict economic assumptions that you have made?
What is your model specification?
What are the relationships between your variables (what ratios have you used)?
What time frame is of interest?
What assumptions have you made about the short-term future and it's affects on your variables?
IF YOU DO NOT HAVE ANY FIGURES YOU HAVE NOT PERFORMED AN ECONOMIC* COST-BENEFIT ANALYSIS.
We don't let people call any old rubbish physics on this board so why the hell are we going to for economics?
* money-based as opposed to energy-based.
This message has been edited by Charles Knight, 24-Mar-2005 04:25 PM