MARKET STEWARDSHIP OR MAJOR REFORMS
COST-BENEFIT AND
IMPACTS +
MARKET DESIGN AND EFFICIENCY +
PRICING AND COST RECOVERY +
Compare cost and realise benefits from improving market function
Compare impacts of subsidy or pricing interventions
Determine optimal
price or subsidy for government-led market
intervention
ENHANCE MARKET OUTCOMES
Market design seeks to understand the impact of past, current and future programs or interventions on market performance. This includes analysis of rules and procedures required to support effective market function. Key considerations include market contestability, productivity, competition, performance and government stewardship of regulated markets and monopolies.
Pricing strategy is a method used to establish the best price for a product or service that will optimise the desired outcomes while considering consumer and market demand. This includes both government-related cost recovery, pricing regulation, subsidies, incentives, taxes, fee setting, etc.
OPTIMISE PRICING AND INCENTIVES
Cost-benefit analysis is used to compare the total costs of a program with its benefits. Nous’ approach includes quantification of intangible benefits (e.g. public safety and health outcomes) to conduct return on investment calculations in complex settings, such as economic impacts assessments, health economics and contribution analyses.
INFORM INVESTMENT DECISIONS
