Multi-index Cost-benefit Model to Assess Land Development Costs

Abstract

Abstract In land development and utilization projects, managers rarely consider the loss of ecosystem service value, often resulting in waste of resources. Based on the land development and utilization project, this paper proposes a multi-indicator cost-benefit comprehensive analysis model (MCCAM). MCCAM divides the four aspects of the indicator system by dichotomy, including determining resource loss costs through MESV, calculating environmental degradation costs using delay factors, considering project planning factors and market fluctuations, and correcting economic benefits and costs. On the other hand, MCCAM quantifies the value of the ecosystem service value model and combines the non-equalized cobweb model with time-delay effects to modify the model parameters. According to the sensitivity analysis of the model, this model provides effective suggestions for the planning and management personnel of the land development and utilization project.