Cost benefit analysis can be a helpful tool for businesses or individuals to undertake when considering a new course of action. Running a CBA for a potential decision can help visualize the ...

Before jumping into a project, be sure to analyze all factors to ensure funding is distributed wisely. No matter how large an organization is, funds are seldom endless. As a result, it only makes ...

Under both the Donald Trump and Joe Biden administrations, the U.S. government has had a seemingly unquenchable thirst for national security regulations limiting investment, trade, and information ...

What is the true value of a policy project? For governments tasked with improving citizens’ lives while spending taxpayers’ money responsibly, this is no mere academic question. It lies at the heart ...

In our last issue, Steven Kelman of Harvard’s Kennedy School of Government criticized cost-benefit analysis from the perspective not of economics but of ethical theory. He concluded that in health, ...

The cost avoidance of heart failure–related hospitalizations and emergency department visits may outweigh the additional drug cost in Medicaid members adherent to sacubitril/valsartan. Objective: To ...

A large new global study of project performance over 86 years confirms that ingrained optimism bias results in forecast-based cost-benefit analyses "so misleading as to be worse than worthless," say ...

The coronavirus pandemic has forced governments to face excruciating trade-offs. Benefit-cost analysis is a standard framework for making policy trade-offs, and some have suggested that it be used to ...