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Karoly, Lynn A. – RAND Corporation, 2008
This study assesses the state of the art of the measurement and use of estimated economic value, or "shadow prices," in applying benefit-cost analysis (BCA) to social program evaluation. It reviews 39 effective social programs whose effects have been evaluated using scientifically rigorous methods and documents outcomes affected by the…
Descriptors: Program Evaluation, Cost Effectiveness, Costs, Research Reports