Unlike cost-benefit analysis (CBA), cost-effectiveness analysis (CEA) functions best to compare and evaluate different programs sharing an identical aim.

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Cost-effectiveness analysis (CEA) is specifically designed to compare the relative costs and outcomes (effectiveness) of two or more courses of action that aim to achieve the same objective, making it more suitable for evaluating different programs with the same goal than cost-benefit analysis (CBA), which translates all outcomes into monetary values.

Unlike Cost-Benefit Analysis (CBA), Cost-Effectiveness Analysis (CEA) Functions Best to Compare