Can I read Opportunity Cost in Public Policy Analysis on EtoBox?

Opportunity Cost in Public Policy Analysis by Lan Tran is a document available to read on EtoBox.

What is Opportunity Cost in Public Policy Analysis about?

This document discusses the relationship between opportunity cost, cost-benefit analysis, and public policy decision making. It defines opportunity cost as the value of the next best alternative forgone when a choice is made. Cost-benefit analysis measures the costs and benefits of policy alternatives in monetary terms and is used to evaluate public policies. The document argues that opportunity cost is an important factor in cost-benefit analysis and should be considered by policymakers, even if indirectly

Author

Lan Tran

Language

EN