Cost-Benefit Analysis - ES fondi
Cost-Benefit Analysis - ES fondi
Cost-Benefit Analysis - ES fondi
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EN<br />
Sensitivity<br />
analysis<br />
• Interesting information is given by the<br />
variable’s switching value. This is the<br />
percentage change in the variable that<br />
would make the NPV change its sign<br />
(e.g. might find that if travel time savings<br />
decrease by, say, 15% then ENPV goes<br />
to zero)<br />
• However, the sensitivity analysis alone<br />
does not give any information about the<br />
probability of occurrence of a given<br />
change: need risk analysis!<br />
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