Cost-Consequences Analysis

Definition

Health Economics

  • A method of assembling the components of the marginal costs and the marginal benefits of a project or investment option, usually in non-comparable units, without any attempt to combine them into a single monetary cost figure or combined artificial construct. Thus, the dollar costs of a programme of fluoridation of the water supply may be as sembled alongside a qualitative discussion of the negative consequences of involuntary imposition on people who are opposed to the programme.
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