Cost–benefit analysis

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf economic analysis method
gptkbp:alsoKnownAs gptkb:CBA
gptkbp:appliesTo investments
projects
programs
policies
gptkbp:criticizedFor ethical concerns
difficulty in valuing intangible benefits
potential bias in estimation
gptkbp:developedBy gptkb:Alfred_Marshall
https://www.w3.org/2000/01/rdf-schema#label Cost–benefit analysis
gptkbp:influenced resource allocation
policy decisions
investment choices
gptkbp:mayInclude externalities
environmental impacts
opportunity costs
social costs
gptkbp:method compare net present value
discount future values
monetize costs and benefits
gptkbp:originatedIn 19th century
gptkbp:output internal rate of return
net benefit
benefit-cost ratio
payback period
gptkbp:popularizedBy gptkb:Jules_Dupuit
gptkbp:purpose aid decision-making
evaluate the costs and benefits of a decision
gptkbp:relatedTo risk analysis
cost-effectiveness analysis
economic impact analysis
gptkbp:requires data collection
forecasting
valuation techniques
gptkbp:step assign monetary values
compare total costs and benefits
discount future values
identify benefits
identify costs
make recommendation
gptkbp:usedBy international organizations
nonprofits
businesses
governments
gptkbp:usedIn gptkb:business
gptkb:public_policy
economics
project management
gptkbp:bfsParent gptkb:Kaldor–Hicks_efficiency
gptkbp:bfsLayer 7