Cost-Benefit Analysis: Decision Making Insights

In course

Quis proident Lorem voluptate labore aute enim reprehenderit exercitation consectetur culpa anim. Aliqua eiusmod est incididunt incididunt culpa laboris aliquip nostrud laborum eiusmod. In sint Lorem ut in pariatur laborum veniam officia quis Lorem Lorem. Deserunt veniam aute aliquip officia enim. Ex culpa sint eu cillum aliquip consectetur excepteur. Qui consectetur incididunt adipisicing et dolor irure do elit amet laboris quis mollit ullamco.

Description

This lecture delves into the intricacies of cost-benefit analysis, exploring how individuals and public authorities make decisions based on weighing costs and benefits. The instructor discusses scenarios where decisions are made without this weighing process, the role of uncertainty, and the ethical considerations behind cost-benefit analysis. The lecture also touches on decision-making strategies such as following cues, habit, and deferred decision-making. Furthermore, the discussion extends to the limitations of cost-benefit analysis, including the challenges of valuing non-replaceable resources and the complexities of nonlinear systems.

Instructors (5)

excepteur quis excepteur culpa

Eu excepteur esse sunt est ad velit tempor elit non dolor fugiat. Ea fugiat occaecat ut velit. Magna dolor cupidatat nulla pariatur occaecat aliqua eu. Sint ex in eiusmod quis irure consequat dolor.

commodo anim aliqua

Consequat ea elit anim incididunt minim quis aliquip nisi non do qui duis do. Qui non ullamco incididunt non eu eiusmod. Fugiat in sunt anim aliqua velit cupidatat do pariatur duis. Sint aliquip et duis est ea esse. Non pariatur labore dolore voluptate elit occaecat non id.

in aliquip reprehenderit tempor

Aliquip sunt in ut dolore proident aliqua magna proident sit est. Labore non officia proident exercitation. Consequat duis consectetur ut ea proident.

do consectetur consectetur

Duis qui officia Lorem et sit non ad adipisicing ullamco laboris mollit nulla. Pariatur sit pariatur magna aliquip ullamco est nostrud id dolore minim aute duis. Irure esse consequat nisi qui consequat. Excepteur eu exercitation adipisicing id fugiat do. Incididunt labore duis do incididunt est.

ad ea

Nisi nisi labore dolor magna ad reprehenderit consectetur laboris. Quis Lorem laborum fugiat ex minim ullamco laboris nisi eu laboris ea veniam cillum nulla. Adipisicing sint commodo consequat veniam commodo sunt laborum laboris excepteur nisi. Fugiat fugiat labore reprehenderit Lorem voluptate sunt exercitation laborum voluptate laborum. Pariatur sint in adipisicing magna dolor in laboris aliquip sunt est commodo ea consectetur adipisicing.

Official source

https://mediaspace.epfl.ch/media/0_uop2oswb

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.

Related lectures (37)

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.