Hacker Read

chaosfactor · 2015-04-08 06:26:12

Costs vs benefits.

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

Costs versus benefits.

hack_edu | karma 1622 | avg karma 2.8 · | 2013-06-20 14:55:03

Cost =/= Benefit

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?

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.

analyst74 | karma 2698 | avg karma 3.31 · | 2019-04-14 19:55:26+00:00

A lot of the benefits' cost are labour (i.e. doctors, fire fighters, etc), hence are more expensive to provide. It's the circle of life.

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.

dnautics | karma 17907 | avg karma 2.14 · | 2013-11-08 17:17:47+00:00

costs are not just monetary.

esafak | karma 3619 | avg karma 1.54 · | 2024-03-11 16:36:52

And cost effectiveness.

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

dusing | karma 948 | avg karma 4.02 · | 2023-01-19 17:25:48

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

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?

diminoten | karma 1949 | avg karma 0.55 · | 2015-01-28 18:37:00

Monetary cost isn't the only cost.

andrewstuart | karma 21959 | avg karma 3.99 · | 2024-01-07 04:58:14

Cost matters.

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

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

someguydave | karma 1486 | avg karma 0.88 · | 2016-07-19 23:59:28

Those "big advantages" also come at a steep cost - somewhere between $10-100k per year for a family compared to similar conditions available elsewhere.

draw_down | karma 1827 | avg karma 0.27 · | 2017-12-11 14:28:12+00:00

Labor costs.

draw_down | karma 1827 | avg karma 0.27 · | 2020-09-22 12:33:57+00:00

Labor costs.

draw_down | karma 1827 | avg karma 0.27 · | 2018-03-23 02:20:58+00:00

Labor costs.

SlapperKoala | karma 16 | avg karma 1.14 · | 2021-07-12 20:08:51

More labor intensive. Often requires large upfront capital investment and adopting of new skills to implement. Benefits are difficult to quantify.