Misperception #3: Cost-benefit analysis should be applied to all policy and program decisions.

by , March 30, 2012

Conducting a cost-benefit analysis (CBA) makes sense when you have an important policy decision to make, along with the time, budgetary resources, analytic resources, and data to do a good study. In other instances, though, doing a CBA may not be the best option. Consider the following situations: 

  • You don’t have enough information.