Educational Cost-benefit Analysis

Educational cost-benefit analysis - Education paper 02

A Cost-Benefit Analysis

The purpose of this study was to evaluate and compare the clinical effects, safety, and economic cost of propofol and midazolam in the sedation of patients undergoing mechanionl ventilation in the ICU. Eighty-eight critically ill patients were studied and randomly allocated to receive short-term (less than 24 h), medium-term (24 h to 7 days), and prolonged (more than 7 days)continuous sedation ...

A cost/benefit analysis

Order is the key word of science. Scientists have tried to order and explain all the phenomena of the universe. They found that the planets and stars move along predictable paths, discovered the laws of gravitation and devised formulae to describe inheritance. For them, the universe is like a clock. Their mission is to discover and explain the mechanism of this clock and thus explain the laws t...

Cost-Benefit Analysis in Reasoning∗

When an individual thinks about a problem, his decision to reason further may involve a tradeoff between cognitive costs and a notion of value. But it is not obvious that this is always the case, and the value of reasoning is not well-defined. This paper analyzes the primitive properties of the reasoning process that must hold for the decision to stop thinking to be represented by a cost-benefi...

Discussion of Cost Benefit Analysis

In a natural resources management context, cost benefit analysis involves subtracting the monetary costs of a development from the monetary value of all the benefits generated by the same development to obtain a net monetary benefit or cost for the proposed activity. "Benefits" or "costs" for various management or land use options for a particular area can be compared. Usually the method with t...