cost-benefit analysis

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Related to Benefit-cost analysis: opportunity cost
  • noun

Words related to cost-benefit analysis

an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs

References in periodicals archive ?
While there are many discussions of benefit-cost analysis, the core of the analysis is to determine the efficiency of an operation, i.
In fact, the "validation" literature on regulatory benefit-cost analysis amounts to a series of case studies.
Benefit-cost analysis of supermax prisons: Critical steps and considerations.
A benefit-cost analysis was conducted to compare the relative benefits of each predator removal approaches to its cost, and to each of the other approaches.
Plans to expand the capacity of airports are subjected to a required benefit-cost analysis (BCA) prior to approval by the Federal Aviation Administration (FAA) (1999).
Zerbe improves on previous versions of benefit-cost analysis by including the costs of transactions (sales of assets) that predictably will occur because of a change.
No apparent conflict exists between the use of benefit-cost analysis and the requirements of SB 1 or other parts of the Texas Water Code.
Confidence in benefit-cost analysis of regulations would be enhanced by use of a common set of assumptions and the requirement for peer review of the analyses.
Professor Viscusi addresses an important concern, namely, that economic efficiency can be undermined by the threat of punitive damages because of a well-executed, socially oriented risk or benefit-cost analysis.
Finally, a proper benefit-cost analysis of health and environmental policy reserves a place for the value of lives saved, reduced morbidity, and other benefits of policy.
The section on practical data analysis is essentially an introduction to various statistical methods and to the pros and cons of benefit-cost analysis.
In late 1994 and early 1995, the Bureau conducted a benefit-cost analysis of the Tennessee JOBSWORK program for TDHS.
Following the public policy overview of projects that can be classified in the category of agribusiness and rural enterprise (Chapter 2), Chapters 3 to 9 are cook-book steps in the project cycle: from designing such projects (Chapter 3), developing a profile of such a system (Chapter 4), preliminary analysis and project identification (Chapter 5), and examining project potential and feasibility (Chapter 6) to the benefit-cost analysis (Chapter 7) and implementation monitoring and evaluation (Chapter 9).
Formal benefit-cost analysis of the program began with the seminal work of Conley (1969) and continued through the 1970's with efforts by Bellante (1972) and Worrall (1978).
With the increasing application of benefit-cost analysis to other social service programs, the public has come to expect that similar economic analysis can somehow be applied to special education.