Cost-benefit analysis

{
  "id": "MLC-T-CHM-002616",
  "term": "Cost-benefit analysis",
  "field": "Chemistry",
  "definition": "A systematic process for calculating and comparing the benefits and costs of a project, decision, or policy. This analysis aims to determine if the benefits outweigh the costs, expressed in monetary terms. It is used to evaluate the economic feasibility of environmental regulations or public health interventions.",
  "subject": "Chemistry and Human Health",
  "see_also": [
    "cost-effectiveness analysis"
  ],
  "references": [
    "PAC, 2009, 81, 829. 'Glossary of terms used in ecotoxicology (IUPAC Recommendations 2009)' on page 862 (https://doi.org/10.1351/PAC-REC-08-07-09)"
  ],
  "url": "https://mlchart.com/terminology/chemistry/cost-benefit-analysis/"
}