cost-benefit analysis


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Related to cost-benefit analysis: Cost-effectiveness analysis

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

References in periodicals archive ?
While its implementation in the context of regulatory policymaking has changed over the years, cost-benefit analysis has clearly become a permanent part of the regulatory process.
As to the Cost-benefit analysis model, cost of EV is composed of two categories of cost - implementation cost which is involved with initial investment and operation cost which depends on usage of resources and equipment.
Hence Coates refers to "interest groups seeking to delay [new financial regulations]" as among the supporters of cost-benefit analysis for financial regulation.
Similarly, environmental groups came to see the promise of cost-benefit analysis.
Although Functional Family Therapy was found to be cost effective in 1997, cost-benefit analysis allows for updated assessments as more program information becomes available.
Adler and Posner also recognize that transparency of the type promoted by cost-benefit analysis is essential for regulatory processes, because agencies may have important bureaucratic or ideological objectives other than economic efficiency.
Controversy over that concept may increase in the future, since one OMB goal has been to use CEA and cost-benefit analysis to develop tools called "league tables.
7) The way in which discounting skews cost-benefit analysis is perhaps best seen in the field of environmental regulation in general, and, more specifically, in efforts to improve air quality.
USDA researchers relied on work from other analysts on this topic, with the report citing several studies throughout the cost-benefit analysis.
Comments on either the draft guidelines for the conduct of regulatory analysis or the report on cost-benefit analysis can be faxed to 202/395-7245.
It includes chapters on the business case for electronic records retention; a cost-benefit analysis for retaining vs.
Boyce, Carol Hansen Montgomery, and Carol Tenopir provide a cost-benefit analysis of library electronic collections and services.

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