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Download full textWelty, Gordon A. – 1971
Benefit-cost analysis consists of establishing ratios of benefits to costs for a set of project variants. The decision rule is to select that project variant where the ratio is a maximum. This paper argues that specification and estimation errors can contribute to findings for large-scale systems of benefit-cost ratios approximating zero. The…
Descriptors: Budgeting, Cost Effectiveness, Educational Finance, Input Output Analysis
Michelson, Stephan – 1970
This publication is a discussion of the concept of an educational production function, a mathematical formulation of the relationship between inputs and outputs in education. A description of how a production function can direct decision making toward economic efficiency precedes a theoretical discussion of the nature of actual estimation. Several…
Descriptors: Accountability, Cost Effectiveness, Educational Economics, Educational Finance
Peer reviewedLinn, Robert L. – Educational and Psychological Measurement, 1971
Descriptors: Educational Environment, Educational Finance, Evaluation Methods, Expenditure per Student
Peer reviewedBoardman, A. E.; Schinnar, A. P. – Socio-Economic Planning Sciences, 1982
Develops an input-output model, with related multipliers, showing how changes in earmarked and discretionary educational funds (whether local, state, or federal) affect all of a state's districts and educational programs. Illustrates the model with Pennsylvania data and relates it to the usual educational finance approach, which uses demand…
Descriptors: Block Grants, Categorical Aid, Educational Finance, Elementary Secondary Education
Spottheim, David; And Others – 1984
This is a summary of a report which presents three models quantifying the relationships between educational means (resources) and ends (pupil achievements) to analyze resource allocation problems within school districts: (1) the Pupil Performance Model; (2) the Goal Programming Model; and (3) the Operational Structure of a School and Pupil…
Descriptors: Academic Achievement, Decision Making, Educational Finance, Educational Objectives
Spottheim, David; And Others – 1984
This report details three models quantifying the relationships between educational means (resources) and ends (pupil achievements) to analyze resource allocation problems within school districts: (1) the Pupil Performance Model; (2) the Goal Programming Model; and (3) the Operational Structure of a School and Pupil Performance Model. These models…
Descriptors: Academic Achievement, Decision Making, Educational Finance, Educational Objectives
Fowler, William J., Jr., Ed. – National Center for Education Statistics, 1999
The National Center for Education Statistics (NCES) commissioned the papers in this publication to address advances in measuring education inflation and adjusting for it, as well as to examine the emergence of a new focus on school spending, rather than school district spending, as well as new, private sources of funding for public education, and…
Descriptors: Educational Finance, Cost Indexes, Investment, Productivity
