April focus: Resources on cost-benefit methods on our radar screen

By , April 19, 2012

We keep certain resources within arm’s reach when preparing a cost-benefit analysis. Here are some of the places we look when we need information about cost-benefit methods.

Cost-Benefit Analysis: Concepts and Practice (2011)
Now in its fourth edition, this textbook by Anthony Boardman, David H. Greenberg, Aidan Vining, and David Weimer is one of the most comprehensive sources on cost-benefit analysis. (Take a look at the table of contents.)   

Cost-Benefit Analysis and Crime Control (2010)
Edited by John Roman, Terence Dunworth, and Kevin Marsh, this book is a resource for criminal justice researchers, and takes analysts through topics such as cost collection, design of bias-free studies, measurement of effects, and approaches to estimating program benefits.

Journal of Benefit-Cost Analysis
Every issue of the Journal of Benefit-Cost Analysis features an article on principles and standards that serves as a great resource for analysts. The journal regularly includes methodological articles on social policy that are relevant to criminal justice researchers.

WSIPP’s technical appendices
The results of cost-benefit analyses produced by the Washington State Institute for Public Policy (WSIPP) are widely cited. But many readers are not aware of the voluminous documentation WSIPP provides in its technical appendices (often published as a separate document). Last week, we blogged that WSIPP has published an update to its 2011 report Return on Investment: Evidence-Based Options to Improve Statewide Outcomes. Be sure to refer to the technical appendix as well as the full report.

Also have a look at CBKB’s Cost-Benefit Analysis Toolkit. A list of resources accompanies every tool.

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