Cost–Benefit Analysis

Cost–Benefit Analysis. Hansson, S. O. In International Encyclopedia of Ethics. American Cancer Society, 2013.

In order to facilitate a decision on a proposed project, it is advisable to make a list of all its advantages and disadvantages, and characterize each of these in as much detail as possible. The decision-maker can then weigh all the pros and cons against each other and – at least ideally – make a decision that is based on knowledge of all the relevant factors.

@incollection{hansson_costbenefit_2013,
	title = {Cost–{Benefit} {Analysis}},
	isbn = {978-1-4443-6707-2},
	url = {http://onlinelibrary.wiley.com/doi/abs/10.1002/9781444367072.wbiee219},
	abstract = {In order to facilitate a decision on a proposed project, it is advisable to make a list of all its advantages and disadvantages, and characterize each of these in as much detail as possible. The decision-maker can then weigh all the pros and cons against each other and – at least ideally – make a decision that is based on knowledge of all the relevant factors.},
	language = {en},
	urldate = {2018-06-24},
	booktitle = {International {Encyclopedia} of {Ethics}},
	publisher = {American Cancer Society},
	author = {Hansson, Sven Ove},
	year = {2013},
	doi = {10.1002/9781444367072.wbiee219},
	keywords = {benefit-cost analysis, climate, compensatory justice, consequentialism, decision making, environmental regulation, ethics in economics, normative ethics, practical (applied) ethics, welfare economics},
}

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