Showing 1 - 5 of 5
Nonmonetary benefits in benefit-cost evaluation can be dealt with by converting the choices into questions regarding whether a given nonmonetary return is worth more or less than a given dollar cost. Answering such questions enables one to pick the alternative that is best on benefits minus...
Persistent link: https://www.econbiz.de/10010802531
Persistent link: https://www.econbiz.de/10010802821
This article analyzes a type of microcomputer program that can process a set of (1) prior cases or incidents, (2) predictive criteria for separating the cases into winners and losers, or two or more other categories, and (3) relations between each prior case and criterion in order to arrive at a...
Persistent link: https://www.econbiz.de/10010803035
There is a need for more use of introspection, deduction, and guesswork in policy/pro gram evaluation to supplement the possible overemphasis on statistical/behavioral analysis. Introspective interviewing of knowledgeable insiders can often determine the magnitude of relations more meaningfully...
Persistent link: https://www.econbiz.de/10010803181
In order to evaluate multiple alternatives such as cities across multiple criteria such as climate and housing, one needs to be sensitive to the importance of working with a common measurement unit that does not lose important information. One also needs to consider diminishing returns, since...
Persistent link: https://www.econbiz.de/10010803253