Are cost-inclusive evaluations worth the effort?
Patricia M. Herman,
Deirdre J. Avery,
Crystal S. Schemp and
Michele E. Walsh
Evaluation and Program Planning, 2009, vol. 32, issue 1, 55-61
Abstract:
Relative costs are as important as relative effectiveness when choosing between program alternatives or among a set of programs competing for scarce funds. Nevertheless, the number of cost-inclusive evaluations remains comparatively small. This article presents the results of three first-time cost-inclusive evaluations each performed by an experienced evaluator. Each evaluator performed a different type of cost-inclusive evaluation using different tobacco control programs as examples: "standard" cost-effectiveness analysis, threshold or break-even analysis, and a simulation model. Results are presented in terms of the challenges faced, and informational and insight benefits gained, as well as in terms of program cost-effectiveness. All three evaluators agreed that the benefits from performing cost-inclusive evaluations are well worth time and effort involved. They also found that this type of evaluation provides abundant information that can be used to improve program effectiveness and cost-effectiveness.
Keywords: Cost-effectiveness; Cost-benefit; Efficiency; Break-even; Simulation; model; Tobacco; control (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:epplan:v:32:y:2009:i:1:p:55-61
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