Cost-Benefit Analysis (Cba)


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Business Negocio economy economía policy política Cost Costo Costs Los costos Business Economics Negocios económicos Economics Ciencias económicas Valuation (Finance) Valoración (Finanzas) Environmental Ambiental Benefits Beneficios Cost–Benefit Analysis Análisis coste beneficio

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1 Introduction......................................................................................................................................1/27 2 Methodology....................................................................................................................................2/27 3 Process.............................................................................................................................................2/27 3.1 Categories of Costs.................................................................................................................2/27 3.2 Categories of Benefits............................................................................................................3/27 3.3 Estimation of the Benefits of a Policy....................................................................................5/27 3.4 Benefit Transfer....................................................................................................................16/27 4 Review...........................................................................................................................................17/27 4.1 Evaluation results.................................................................................................................17/27 4.2 Experiences..........................................................................................................................17/27 4.3 Combinations.......................................................................................................................18/27 4.4 Strengths and weaknesses of CBA.......................................................................................18/27 i Cost−benefit analysis 1/1 Anna Alberini (aalberini arec.umd.edu) 1 Introduction A cost−benefit analysis (CBA) can be defined as an economic technique applied to public decision−making that attempts to quantify the advantages (benefits) and disadvantages (costs) associated with

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