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This study introduces a methodology for evaluating the cost-effectiveness of alternative management tools in public institutions with an application to public education. The shift towards performance budgeting and outcome measures for public-sector institutions in recent decades creates a need...
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We present, in this study, a method for comparing the relative effectiveness of different non-profit institutions with similar objectives. In addition, we show how this measure of relative effectiveness is related theoretically to their relative efficiency. Relative effectiveness is shown to be...
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