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dusing · 2023-01-19 17:25:48

Do you have a source on your assumption of costs and benefits

chaosfactor | karma 12 | avg karma 0.27 · | 2015-04-08 06:26:12

Costs vs benefits.

pnutjam | karma 1759 | avg karma 1.07 · | 2020-09-26 16:24:53

But nothing about benefits costs. Have you considered including that?

coldacid | karma 1243 | avg karma 1.59 · | 2021-09-03 08:25:46

Costs versus benefits.

tjmaxal | karma 464 | avg karma 2.04 · | 2010-06-11 19:50:04+00:00

it all comes down to cost benefit analysis most of the time.

pininja | karma 884 | avg karma 3.04 · | 2021-07-11 19:35:29

Do you have an example of a cost study? I’m curious, but don’t know how to find one.

legulere | karma 6474 | avg karma 2.35 · | 2017-05-17 07:08:52

I have seen studies go in both ways, depending on which costs they include or not

slavik81 | karma 6917 | avg karma 2.95 · | 2018-06-06 19:35:03+00:00

You are forgetting about customers. I own no companies and work for one company, but I am a customer of many. A personal cost/benefit analysis like the one you're describing would have to take that into account.

osamet67 | karma 51 | avg karma 0.51 · | 2014-08-16 07:21:31+00:00

What assumptions are you making regarding operating costs?

HeyLaughingBoy | karma 10338 | avg karma 1.69 · | 2021-10-14 18:27:02

Don't imagine: someone will calculate it.

Besides, what's important is that the benefit outweighs the cost. If the cost is required to stay in business, then it's probably important enough to incur. Remember: someone's going to be paying that cost and it's clearly worthwhile to them.

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robodale | karma 612 | avg karma 1.37 · | 2012-09-08 16:22:17+00:00

This was a very good article. I have never thought about or considered looking at potential costs this way. Thanks.

hx87 | karma 2111 | avg karma 2.04 · | 2016-10-10 15:32:49+00:00

Even if the benefits are small, the costs are...what, exactly?

joedev | karma 450 | avg karma 3.19 · | 2012-05-04 09:21:23

If you read the study you'll find it does take into account opportunity costs.

gameswithgo | karma 10455 | avg karma 3.71 · | 2019-07-02 14:32:59

it is important to understand the cost of ones choices.

TeMPOraL | karma 106045 | avg karma 3.04 · | 2016-02-16 18:54:21+00:00

Costs and benefits don't usually add up to 0. If they did, everything you do in your life would be absolutely irrelevant. The trick is to chose things with best cost+benefit value, and if it's not easy to express all costs and benefits in a single unit (because it may be hard to estimate them), then you chose so that you get costs and benefits you like the most.

daodedickinson | karma 250 | avg karma 0.47 · | 2020-10-10 16:06:31+00:00

Anyone ever find a comprehensive attempt at a cost-benefit analysis about this sort of thing?

fsflover | karma 8037 | avg karma 1.36 · | 2021-04-30 16:46:55+00:00

How do you independently evaluate those costs?

pharrington | karma 2357 | avg karma 2.77 · | 2023-10-04 18:47:55

The assumption is that everything the business does has a cost.

chrisdbaldwin | karma 217 | avg karma 1.47 · | 2015-07-21 18:45:03+00:00

>What am I missing?

The bottom line - a cost/benefit analysis from a corporation.

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dfc | karma 8584 | avg karma 2.15 · | 2012-03-09 06:54:04+00:00

I was thinking along those lines too. In light of that facilities costs and benefits are sunk/fixed costs and irrelevant...right?