Case: the Global Positioning Systems (GPS)
Cunha, Jesse M.
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This case uses the development of the Global Positioning System (GPS) to help students develop skills related to decision-making using cost-benefit analysis (CBA). It is the purpose of cost-benefit analysis to weigh the benefits (or justification) of an investment or policy against the potential costs of the investment (or other alternatives). This case is intended for courses in public policy evaluation and those that consider the economic analysis of risk and uncertainty.