Chapter 10 Flashcards

1
Q

Efficiency Analysis

A

Analyze the costs and benefits of a program from a monetary perspective

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2
Q

Traits of efficiency Analysis

A

Funders are increasingly interested in efficiency analyses

Represent the top of the evaluation hierarchy

Only done for programs deemed effective or programs that would be difficult to undo

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3
Q

Difficulties inherent in efficiency analyses

A

Long-term program benefits have not always been established

Program benefits can be difficult to monetize

Sensitivity analyses must be conducted

Program benefits must be calculated under a range of reasonable assumptions

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4
Q

Controversies inherent in efficiency analysis

A

Assumptions about the monetary value of both costs and benefits

Assumptions about the long-term benefits of social program when these benefits are not actually measured

Ethics of assigning a dollar value to health, education and human service outcomes

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5
Q

Ex Ante:

A

Conducted before implementation to estimate efficiency based on projected costs and impacts.

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6
Q

Traits of ex ante

A

Disadvantage is that benefits are assumed before evidence is gathered

Monetary value of both costs and benefits are based on assumptions

Done for programs or policies that are very expensive and cannot be easily undone

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7
Q

Ex Post:

A

Conducted after implementation, using actual cost and outcome data

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8
Q

Traits of ex post

A

At least some program benefits have been empirically established

Program costs can be calculated based on actual data not assumptions

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9
Q

Cost Benefit Analysis

A

Calculates the costs of a program and compares these costs to the estimated monetary benefits of the program

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10
Q

how is CBA expressed

A

Often expressed in a ratio that calculated the number of dollars saved for every dollar spent on the program

EG: NFP produces a savings of $5.70 for every $1.00 spent

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11
Q

Cost Effectiveness Analysis

A

Only calculates monetary value of program costs

Calculates dollars spent on program to achieve a single unit of benefit

EG: Talent Search spent $10,33 for every additional student that completed High School

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12
Q

benefits of effectiveness analysis

A

Takes fact that not all participants will accrue a particular benefit into account

Best used to compare programs with similar outcomes

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13
Q

perspectives to account for in a EV

A

Costs and benefits for individuals participating in intervention

Program Sponsor

Costs and benefits for organization delivering intervention

Communal

Costs and benefits for larger community where intervention is being delivered

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