Cost-effectiveness Analysis

Thomas Rapp (1, 2)

1 Laboratoire Interdisciplinaire de Recherche Appliquée en Économie-Gestion et Santé
2 LIEPP - Laboratoire interdisciplinaire d'évaluation des politiques publiques (Sciences Po)

Cost-effectiveness analysis is a quantitative method of comparing the "return on investment" of a given policy (the desired results it produces, in relation to its cost), with other possible policies. This method makes it possible to estimate the effectiveness of a policy, i.e. its capacity to maximise a result criterion for each euro of public expenditure. It is useful for guiding public policy choices and the allocation of public expenditure within a given sector.

Keywords: cost-effectiveness; efficiency; effectiveness; quantitative methods

Domains: Humanities and Social Sciences; Political science

Thomas Rapp. Cost-effectiveness Analysis. LIEPP Methods Brief n°30, 2023, 4 p. ⟨hal-04159110⟩