cost-benefit analysis

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Related to Cost-benefit: Cost-benefit ratio

cost-benefit analysis (CBA)

a type of economic evaluation of medical care expense. It compares the expected monetary benefit derived from different health interventions with the expected cost of providing each of the interventions to determine the best or most profitable option.

cost-benefit analysis

Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided, with both the costs and benefits being expressed in monetary units; the benefits evaluated include projected ↓ in future health care costs and ↑ earning as a result of the intervention of interest. Cf Cost-effectiveness analysis.

cost-benefit analysis,

n the comparative study of the service or production costs of a service or item and its value to the subject.

cost-benefit analysis

References in periodicals archive ?
After initial, cautious steps in the Nixon, Ford, and Carter administrations, cost-benefit analysis became a formal part of U.
In the model base, fleet investment decision model and cost-benefit analysis model are included into the multi-criteria decision analysis module (See Fig.
Cost-benefit analysis has long been used in the world of finance, of course, but it's becoming increasingly popular in the public sector as well.
The court's lamentable decision does not strike down the new regulations, but requires the EPA to conduct a new cost-benefit analysis and then review and rewrite the regulations - an arduous and lengthy process that is unlikely to produce a different outcome.
Coates, Towards Better Cost-Benefit Analysis, supra note 1, at 2; Coates, Cost-Benefit Analysis of Financial Regulation, supra note 1, at 5-6.
A number of significant groups now engage in methodological discussions of how cost-benefit analysis should be conducted, and participate effectively in the types of administrative proceedings that they would have eschewed decades earlier.
The bottom line is while the use of cost-benefit analysis is growing, states should be making wider and better use of this approach.
Cost-benefit analysis is a way to provide balance and evaluate different policy options based on their costs and benefits,
Of the 13 arguments advanced by the parties before the Second Circuit, Supreme Court review was sought on only one--the above cost-benefit issue.
Support for such cost-benefit approaches as the widely condemned "senior discount" method for undervaluing the lives of seniors in cost-benefit analyses, an approach even the Bush Administration was forced to disown;
But if cost-benefit studies aren't as plentiful as snowflakes in the Rockies in spite of being called for regularly, there must be a reason.
Among legal scholars, views about the value of cost-benefit analysis in government regulation range from rampant enthusiasm to outright rejection.

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