A conflict of interest in real estate arises when an individual faces a potential decision in an official capacity from which they stand to benefit personally. This often necessitates the individual stepping down from one role to maintain ethical standards.
Cost-Benefit Analysis (CBA) is a decision-making process used to evaluate the financial and economic feasibility of a project or policy by comparing all direct and indirect positive and negative effects in monetary terms. This technique is often applied in public finance, environmental and business regulation assessment.
