cost-benefit analysis

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Related to Cost-benefit analyses: Cost-effectiveness 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.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
At the same time, agencies frequently complete cost-benefit analyses where the science and economics are in some dispute.
The entire process took longest with the rules involving cost-benefit analyses, and the economically significant rules had a combined cost of $7 billion and benefits of $11 billion.
Twenty-nine states and the District of Columbia were using cost-benefit analyses, but less effectively or consistently.
Instead, the discounting practices in EPA's Clear Skies Initiative (106) and Nonroad Diesel-Engine Rule (107) show that questionable cost-benefit analyses may be becoming more commonplace at EPA.
Concentrating on the development of cost-benefit analyses can be considered a strategic opportunity in an era of growing expectations for public accountability.
Traditionally, OIRA has had fairly minimal interactions with submitting agencies as they prepare cost-benefit analyses. But under its current administrator, John Graham, OIRA has become intimately involved in all aspects of the cost-benefit process.
Bruce Kingma (e.g., 1998) applied cost-benefit analyses to access, ownership, and interlibrary loan service.
Executive orders extending back to 1981 direct regulatory agencies to perform cost-benefit analyses of major regulations, (1) and to comply with the analyses when not barred by statute, as is usually the case.
Finally, also in Part III, I argue that judicial review of cost-benefit analyses should take into account agency reputation and political proclivities as developed over a number of such analyses, as well as the political orientation of the courts in cases reviewing agency action.
Require the use of cost-benefit analyses in both regulatory and compliance actions.
This report also offers recommendations for further cost-benefit analyses of a distance education program.
The agency also feels that the bill would require lengthy cost-benefit analyses rather than simple evaluations.

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