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
|