Benefit/cost analysis

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Benefit/cost analysis

An economic method for assessing the benefits and costs of achieving alternative health-based standards at given levels of health protection.

References in periodicals archive ?

Because there is no such thing as a perfect assessment of environmental effects or associated values, decisionmakers and others should view the results of benefit/cost analysis or MCDA as input into the decisionmaking process, rather than uncritically accepting the results and implementing the highest-ranked alternative.

Valuing the environment for decisionmaking: in dealing with complex environmental issues, determining the value of multiple environmental attributes is problematic, but not doing so is even more so

A benefit/cost analysis of a DSS for South Carolina's state forests is presented.

Decision support systems for forest management: a financial analysis for South Carolina's state forests

The newly developed Highway Economic Requirements System (HERS) uses incremental life-cycle benefit/cost analysis to define the "near-optimal" cost-effective set of appropriate improvement options given user defined policy scenarios.