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A Benefit-Cost Analysis Model For Social Service Agencies, Robert Schalock, John Butterworth

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Current public policy is based on two fundamental principles: equity and efficiency. Equitable programs contribute to balancing the needs and desires of the various groups in society; whereas efficient programs are those that serve to increase the net value of goods and services available to society. Benefit-cost analysis is a tool developed to determine whether a program produces effects that justify the costs incurred to operate the program. The benefit-cost model presented in this monograph requires the reader to:

1. Understand the concept of an analytical perspective;
2. Move beyond viewing benefit-cost analysis as a simple ratio of benefits to costs;
3. Include …