Lecture

Cost Benefit Analysis

Description

This lecture introduces the concept of cost benefit analysis using examples from the transportation industry, such as the evaluation of buying a new aircraft for an airline or the construction of the Gotthard base tunnel. It covers the methodology, stakeholders involved, different types of indicators (monetary and non-monetary), and the challenges of estimating costs and benefits accurately. The lecture also discusses the transformation of non-monetary aspects into monetary units, the importance of multi-criteria analysis, and the implications of subjectivity in decision-making processes.

About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Graph Chatbot

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.