benefit-cost analysis


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Related to benefit-cost analysis: opportunity cost

benefit-cost analysis

a technique of economic evaluation, particularly for complex projects over a long period of time and involving substantial capital, that takes into account social costs and benefits as well as financial considerations.
References in periodicals archive ?
For a derivation of both the compensating and equivalent variation, see Richard Zerbe & Dwight Dively, Benefit-Cost Analysis in Theory and Practice (1994).
Jayanthakumaran [2003], another proponent of benefit-cost analysis, describes this approach using Warr's 'enclave model'.
Normative Justifications for Benefit-Cost Analysis 910 (Regulatory Policy Program, Mossavar-Rahmani Ctr.
We have to be very careful that we're clear about the differences in the use and measurement of effects represented by economic impact and benefit-cost analysis," says Glen Weisbrod, president of the Economic Development Research Group in Boston, MA.
Banzhaf, "Two Historically Competing Visions for Benefit-Cost Analysis," Land Economics Vol.
Computation of Results: The results of the benefit-cost analysis are computed as a table in which the rows represent impacts (benefits or costs), and columns the alternatives.
If you're doing a benefit-cost analysis of the death penalty, was there any deterrence effect of the death penalty?
As this idea relates to Stern, neither policymakers nor economists perusing benefit-cost analysis in attempting to determine efficient carbon dioxide taxes or regulations can have the information needed for meaningful calculations.
To our knowledge, this is the first benefit-cost analysis (Benefit-Cost Analysis) of foster care services comparing public foster care to private foster care.
In "Economics at Work," Keith Bur-bank describes the factors governing benefit-cost analysis in the Federal Emergency Management Agency (FEMA) in its efforts to mitigate the effects of prospective natural disasters.
14 Maximum Source: Compiled from tables III, IV, and V Table 3: Benefit-cost analysis for owner-managed farms.
The committee also voiced its concerns with the other components of the proposal, such as the emphasis on direct road and congestion pricing, instituting benefit-cost analysis, and cost comparisons between public-private partnerships and federal funding for projects of more than $250 million.