MESCA

AcronymDefinition
MESCAMining Equipment and Services Council of Australia
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References in periodicals archive ?
All sites with positive expenditures are equated to the common shadow price of funds ([lambda] - 1) such that the MESCA is equal across all sites:
Sites without expenditures are where the MESCA is less in absolute value than the cutoff level of the shadow price of funds ([lambda] - 1).
** For sites and vulnerabilities that exceed a threshold of potential impact, equate the MESCA for all sites and vulnerabilities.
** There is a cutoff marginal social cost avoided where it is optimal not to expend anything on the site (MESCA from an expenditure is too "low").
The conclusion is that investments with a public good aspect (affecting multiple sites simultaneously, though not necessarily equally) are invested in until the sum of their MESCA equals the individual site MESCA.
Department of Agriculture), the GAO concluded "Such assessments are generally not consistent across program areas because different maximum values for the impact of terrorist events are sometimes used." The implication is that each agency considers facilities (public or private) on a unique scale such that some facilities will typically appear to have a high MESCA based on subjective rankings and exclusion of facilities outside the agencies' jurisdiction.
** For sites and vulnerabilities that are worth investing in, equate the MESCA for all sites and vulnerabilities.
** There is a cutoff MESCA where it is optimal not to expend anything on the site as the MESCA is too "low."