The Core Issue of Cost-Benefit Analyses (Or Cost-Effectiveness Analyses) Is

question 12

Essay

The core issue of cost-benefit analyses (or cost-effectiveness analyses) is the unit of analyses used-dollars of benefit per dollar of cost (or units of outcome per dollar of cost). Illustrate the importance of the issue of units of analysis in examining program impacts. How might one err in examining benefits or measuring effectiveness? (Hint: think about choosing outcome variables to measure.)

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Definitions:

Beneficence

The ethical principle of doing good and preventing harm, often emphasized in healthcare and research contexts.

Nonmaleficence

A principle in ethics, particularly in healthcare, that emphasizes avoiding harm or injury to others.

Dual Responsibilities

The situation where an individual simultaneously bears two sets of obligations or duties, often in the context of work-life balance.

Participant Autonomy

The degree to which individuals in a study or activity have the freedom to act independently and make their own choices.