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cost-benefit analysis |
Also found in: Financial, Encyclopedia, Wikipedia | 0.06 sec. |
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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, n the comparative study of the service or production costs of a service or item and its value to the subject. cost-benefit analysis 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. 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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Nor does it help when the experience of parenthood is reduced to an economic calculation of unthinkably high dollar costs per child--implicitly suggesting that only the well-off can truly afford to be parents. An important economic calculation was involved, as Moscow sought to ensure access and control over the major transportation routes and energy pipelines crisscrossing the region. In addition, Engel argues that patriarchal values reinforced and often superseded economic calculation. |
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