As evaluators, we are often asked to determine whether policies and programs provide value for the resources invested. Addressing that question can be a quandary, and, in some cases, evaluators question whether cost-benefit analysis is fit for this purpose. With increased interest globally in social enterprise, impact investing, and social impact…

Recent demographic, economic and political trends have drawn attention to the issue of effectiveness and efficiency in the use of resources in the education sector. In the context of the renewed interest for the optimisation of resource use, this paper attempts to review the literature on budgeting and accounting in OECD education systems. The…

This article examines the phenomenon of volunteering from a benefit-cost perspective. Both the individual making a decision to volunteer and the organization making a decision to use volunteer labor face benefits and costs of their actions, yet these costs and benefits almost always remain unarticulated, perhaps because the common perception of…

Career and technical education (CTE) is increasingly seen as a major potential contributor to the recovery of the U.S. economy. However, the effectiveness and impact of the current Carl D. Perkins Act (otherwise known as Perkins IV) that governs CTE are unclear. Is the federal investment in CTE paying off? To answer this, we need to establish the…

This article reviews the use of several valuation methods as they relate to drug abuse and places them within the context of U.S. policy. First, cost-of-illness (COI) studies are reviewed and their limitations discussed. Second, three additional economic methods of valuing drug abuse are reviewed, including cost-effectiveness analysis (CEA),…

This research describes, classifies, and comparatively evaluates national models and mechanisms used to evaluate research and allocate research funding in 16 countries. Although these models and mechanisms vary widely in terms of how research is evaluated and financed, nearly all share the common characteristic of relating funding to some measure…

The chronic and relapsing nature of substance abuse points to the need for continuing care after a primary phase of treatment. This article reviews the economic studies of continuing care, discusses research gaps, highlights some of the challenges of conducting rigorous economic evaluations of continuing care, and offers research guidelines and…

A complete, detailed cost-effectiveness analysis of the Mexican Telesecundaria. (HB)

A discussion of needs for additional research to determine how instructional technology can be best employed. (Author)

A discussion of needs for additional research to determine how instructional technology can be best employed. (Author)

This paper summarizes views on the costs of evaluation developed as part of CSE's Evaluation Productivity Project. In particular, it focuses on ideas about the kinds of costs associated with factors known to effect evaluation utilization. The first section deals with general issues involved in identifying and valuing cost components, particularly…

How to compare the costs of activities you are responsible for with the benefits resulting from those activities. (Author)

An economic analysis of the Open University with an attempt to examine the economic implications of establishing an open learning system in the United States. (Author)

New, simple methods for applying benefit-cost analysis in situations where the variables are nonmonetary are discussed. The approach involves handling nonmonetary variables by converting the problems into questions regarding whether a nonmonetary return is worth more or less than a given dollar cost. The article codifies what good decision makers…

"Education at a Glance: OECD Indicators" is the authoritative source for accurate information on the state of education around the world. It provides data on the output of educational institutions; the impact of learning across countries; the financial and human resources invested in education; access, participation and progression in…