Realisation of diffuse benefits using a relative return on investment paradigm
Keywords:social return on investment, monte carlo, uncertainty, knowledge management
This paper explores a number of ways used to quantify the realisation of systemic and diffuse benefits in public and private settings, including return on investment (ROI), social return on investment (SROI), relative return on investment (RROI), and cost benefit analyses (CBA). The paper explores the relative advantages and disadvantages of each approach, discusses a number of modelling approaches, and looks at factors to weight when determining the most appropriate technique to use.
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Copyright (c) 2020 Stephen Bounds
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