by
CBKB,
January 22, 2013
We recently published the 9th and 10th parts of our online CBA toolkit: the Time Horizons tool and the Monetizing Benefits tool. The core set of 10 tools focuses on the foundational elements of a cost-benefit study. We encourage you to look at the main toolkit page on our website, as well as any of the tools you haven’t read. Later this year we’ll expand on the toolkit and make it available for download, along with a downloadable file for each tool. As always, we’d like to hear what you think—and what other resources would be useful in your work.
We welcome your questions and comments about the toolkit or anything else related to cost-benefit analysis and criminal justice. Contact us via Twitter, Facebook, or by e-mailing us at cbkb@cbkb.org.
Dr. Sara Watson is the executive vice president of America’s Promise Alliance and the director and cofounder of ReadyNation, a collaboration of business leaders, economists, and philanthropists that enlists business leaders to advocate for proven investments in young children. I spoke with Sara about the benefits of early childhood programs and ReadyNation’s efforts to encourage investment in…
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Consider a drug treatment program that has been shown to lower recidivism rates among participants. Although a cost-benefit analysis (CBA) would typically include benefits to taxpayers in terms of lower costs for the criminal justice system, should the following benefits also be included? Benefits conferred to participants who complete the program successfully, such as increased…
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With budget offices at the local, state, and federal levels focused on cutting costs, why bother looking at benefits that aren’t related to cost savings? Why not focus primarily on the costs of policies and programs? Budgets are about choices and priorities. We promote policies and fund services we believe the government should pursue because we…
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