cost-benefit analysis
Cost-benefit analysis is a systematic approach used to compare the costs incurred versus the benefits gained from a particular action or decision in order to determine its overall value.
Requires login.
Related Concepts (30)
- benefit estimation
- budget allocation
- calculating the social cost of carbon
- cost estimation
- cost-benefit ratio
- cost-effectiveness analysis
- decision-making process
- decision-making strategies
- discount rate
- economic efficiency
- economic evaluation
- enhanced decision-making process
- environmental impact assessment
- externalities
- feasibility analysis
- financial analysis
- net present value
- opportunity cost
- project budgeting and financial management
- project evaluation
- public finance
- public goods provision
- public policy evaluation
- return on investment
- risk assessment
- social cost
- stakeholder analysis
- systems analysis
- trade-offs
- value-based decision making