Nutzenschaetzungen
Nutzenschaetzungen, a German term often translated as "utility estimations" or "benefit assessments," refers to a process of evaluating and quantifying the expected benefits or value derived from a particular action, project, or investment. This concept is widely applied in various fields, including economics, engineering, and environmental policy. The core idea is to systematically identify, measure, and compare the positive outcomes anticipated, often in monetary terms, to inform decision-making.
The process typically involves defining clear objectives and identifying the key stakeholders whose needs or interests
Challenges in Nutzenschaetzungen include the inherent uncertainty in future outcomes, the difficulty of assigning precise monetary