About this document

Evidence-Based Cost-Benefit Analysis by Ceyp Inem Cali is a document available to read on EtoBox.

This document discusses whether driving or flying would be more cost effective for a trip from Boston to Miami Beach. It outlines that a cost-benefit analysis should consider all costs and benefits, including monetary costs as well as the opportunity cost of time, and translate them into a common unit of measurement. When the analysis factors in the $100 cost savings of driving but also the 40 extra hours of driving time valued at $10 per hour, the net benefit of flying is calculated to be $300 more than dr

Author

Ceyp Inem Cali

Language

EN