cost-benefit analysis


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Related to cost-benefit analysis: Cost-effectiveness analysis
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cost-benefit analysis - an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs
analytic thinking, analysis - the abstract separation of a whole into its constituent parts in order to study the parts and their relations
Translations

cost-benefit analysis

[ˌkɒstˌbenəfɪtəˈnæləsɪs] Nanálisis m coste-beneficio or (LAm) costo-beneficio
References in periodicals archive ?
On the first question, industry groups--principally trade associations representing polluters--favored the use of cost-benefit analysis, arguing that environmental benefits needed to be weighed against the resulting undesirable economic consequences.
In a previous issue of Regulation, University of Chicago professors Eric Posner and Glen Weyl argue that the time has come to require CBA by the independent financial regulatory agencies ("The Case for Cost-Benefit Analysis of Financial Regulation," Winter 2013-2014).
The first part (potential and cost-benefit analysis) refers to a comprehensive assessment of the potential for the use of cogeneration and efficient district heating and cooling supply in Germany in accordance with Article 14, paragraph 1 and Annex VIII, and prepare a cost-benefit analysis accordance with Article 14, paragraph 3 and Annex IX, Part 1 of the Directive (2012/27/EU).
Overall, 10 states -Florida, Kansas, Minnesota, Missouri, New York, North Carolina, Utah, Virginia, Washington, and Wisconsin-were leading the way in using cost-benefit analysis to generate answers about programs' return on investment and to drive policy decisions, particularly in their largest budget areas.
Cost-benefit analysis determines only a program's cost-effectiveness, not its overall success.
Yet, that is exactly what a cost is in a cost-benefit analysis.
This thin but cogent volume addresses a range of controversies in the field of regulatory analysis, including the importance (or unimportance) of individual rights and nonmonetary values as they relate to the use of cost-benefit analysis in decisionmaking.
The airline's initiatives are a stricter focus on the core business, simplification of its ticket sales process, a cost-benefit analysis of existing services and the addition of long-haul flights to East Asia with renewal of the long-haul fleet beginning in 2008.
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.
Trade and Industry Secretary Alan Johnson has commissioned an independent economic cost-benefit analysis to assess the impact of any relaxation of Sunday trading laws.
The proposed legislation also directs the Environmental Protection Agency (EPA) to conduct a cost-benefit analysis of various e-scrap recycling programs to recommend a national program.
In the past twenty years, it has become increasingly common for administrative agencies to use cost-benefit analysis to evaluate proposed regulatory programs.

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