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Pop-Eleches and Urquiola (2013) suggest a different complication in basing policy on cost-effectiveness comparisons.14 Specifically, they suggest that behavioral responses and equilibrium effects may render cost-effectiveness rankings such as those in Dhaliwal et al. (2011) unstable, even within a given country.
Making progress in this area requires dealing with three main obstacles: (1) data availability, as there are few available standardized measures of skill; (2) methodological issues that involve ascertaining the causal effects of each input; and (3) availability of cost information, that is, data that render cost-effectiveness comparisons feasible.
A third challenge to devising an evidence-based policy in the case of school inputs is to have cost information that renders cost-effectiveness comparisons feasible.
In this study, the engineering issues, were analyzed such as illuminance, color rendering, power usage, cost effectiveness, and approval procedures for new roadway lighting systems.
The former needs only to vary from its central value of 0.72 outside the range 0.69 0.75 to render the cost-effectiveness of ploidy doubtful compared to the alternative policies.
"Cost effectiveness is only a factor".
We recommend two types of cost-effectiveness calculations - average cost effectiveness, and incremental cost effectiveness.
Full cost effectiveness evidence review & reports, 2013.
Productivity, cost effectiveness, and satisfaction will follow.
How do I calculate incremental cost effectiveness?
How do I calculate average cost effectiveness?
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