how to minimize the possible abuses and errors in using CBA:

Answers

1. Carefully select personnel for any CBA roles. Make sure that those who are responsible for conducting CBA are knowledgeable about its benefits and limitations, and have a track record for ethical decision-making. 2. Clearly articulate the objectives of the CBA and ensure that those responsible for implementing CBA are aware of those objectives. 3. Establish an oversight structure to ensure that CBA is conducted in a transparent and accountable manner. 4. Ensure that accurate and sufficient data is used to model the economic effects of the decisions being made. 5. Establish regular monitoring and evaluation processes to ensure that CBA remains relevant and up to date. 6. Regularly update CBA models to ensure that it is being used to inform decision-making in a timely and accurate manner. 7. Encourage auditing and review of CBA models to ensure that they remain accurate and relevant. 8. Clearly communicate the results of CBA to decision-makers and stakeholders.

Answered by nathanielhunt

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