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cost-benefit |
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cost-benefit adj (Economics, Accounting & Finance / Accounting & Book-keeping) denoting or relating to a method of assessing a project that takes into account its costs and its benefits to society as well as the revenue it generates a cost-benefit analysis the project was assessed on a cost-benefit basis How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Certainly, that cost-benefit analysis may be different in a country with a much higher rate of HW infection, but I think the article's portrayal of circumcision as a no-brainer is far too simplistic. To help address the controversy that still simmers over how, or whether, to assign a specific value to effects such as degraded human health, OIRA and several federal agencies asked a committee of the National Academies' Institute of Medicine (IOM) to weigh in with guidance on one type of cost-benefit analysis, called cost-effectiveness analysis (CEA), which can include calculations of the dollar value of human life and which was included in Circular A-4. Instead it is a book about the cost-benefit analysis approach to environmental and health issues. |
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