Integrating social impacts into cost-benefit analysis: a participative method: case study: the NSW area assistance scheme
Year: 2003
Type: article
Abstract: The authors have developed a participative method for completing a cost-benefit matrix that integrates quantifiable and difficult-to-quantify costs and benefits. The matrix gives social issues equal standing with financial considerations. Working with a wide range of stakeholders, the matrix is completed by incorporating stakeholder views as well as research findings. The balance of costs and benefits is assessed discursively rather than being reduced by a formula to a ratio. Many benefits of this approach are identified and its application to an evaluation of a grants program is described.
Authors: Alison Ziller, Peter Phibbs
Institution: The University of Sydney
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W1968060343