Cost/Benefit Analysis Flashcards
1
Q
3 scenarios to use CBA
A
- Program Specific
- Goal Specific
- Justify my desire
2
Q
How to do CBA
A
- List costs/benefits
- Assign $ value to each
- Discount Future Net Benefits and Net Present Value
- Compare
3
Q
Example Costs and Benefits
A
Costs Seen Government implementation enforcement maintenance Private Compliance Upkeep Secondary Unseen Unintended Loss of life
Benefits
Life
Taxes/Revenue
Measurable tangibles