PEOPLE
LHC: COST-BENEFIT
ECONOMIC ANALYSIS TO 2025 AND BEYOND
Interview with the economist Massimo Florio, professor at the University of Milan
In April, CERN of Geneva and INFN organised the FCC Week, an international conference which brought together around the table in Rome 450 scientists from around the world to discuss the Future Circular Collider (FCC) concept. The conference was attended by the economist Massimo Florio, Professor at the University of Milan, who worked on the first study on the impact of a scientific research infrastructure. The Cost-benefit analysis of the Large Hadron Collider to 2025 and beyond was concluded in July 2015, with the benefits outweighing the costs.
Professor Florio, what is the context underpinning your study on the impact of a major research infrastructure such as the LHC?
Three years ago, a call was issued by the European Investment Bank, which has its own grant programme dedicated to Universities on issues of interest to the EIB. So we formed a team of experts, twenty or so people, from the departments of economics and physics of the University of Milan, and from the Centre for Industrial Studies (CSIL) ...
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