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Benefit-Cost Analysis in Public Health

journal contribution
posted on 01.05.2007, 00:00 by Lester B Lave, Satish Joshi

This chapter gives an overview of benefit-cost analysis (BCA) and similar evaluation tools, such as cost-effectiveness analysis and technology-based standards, in the context of public health. We describe these evaluation tools, how they are used, their shortcomings, and how they should be interpreted. As with other powerful tools, they are subject to misuse and misinterpretation, even by professionals doing the analysis.