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cost-benefit analysis
(redirected from Cost-benefit)

    Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.03 sec.

cost-benefit analysis

Process whereby a project is assessed for its social and welfare benefits in addition to considering the financial return on investment. For example, this might take into account the environmental impact of an industrial plant or convenience for users of a new railway. A major difficulty is finding a way to quantify net social costs and benefits.

cost-benefit analysis

Process whereby a project is assessed for its social and welfare benefits as well as the financial return on investment. Examples of factors considered might be the environmental impact of an industrial plant, or the convenience for users of a new railway. A major difficulty is finding a method of quantifying net social costs and benefits.



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Certainly, that cost-benefit analysis may be different in a country with a much higher rate of HW infection, but I think the article's portrayal of circumcision as a no-brainer is far too simplistic.
Circumcision circumspection by Thompson, Jessica / Science News
To help address the controversy that still simmers over how, or whether, to assign a specific value to effects such as degraded human health, OIRA and several federal agencies asked a committee of the National Academies' Institute of Medicine (IOM) to weigh in with guidance on one type of cost-benefit analysis, called cost-effectiveness analysis (CEA), which can include calculations of the dollar value of human life and which was included in Circular A-4.
The regulation equation: factoring in the price of health by Weinhold, Bob / Environmental Health Perspectives
Instead it is a book about the cost-benefit analysis approach to environmental and health issues.
Ackerman, Frank & Heinzerling, Lisa. Priceless: On Knowing the Price ... by Theiss, Nola / Kliatt
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