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Economic models of evaluation
Author(s) -
House E.R.
Publication year - 1998
Publication title -
scandinavian journal of social welfare
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.664
H-Index - 47
eISSN - 1468-2397
pISSN - 0907-2055
DOI - 10.1111/j.1468-2397.1998.tb00210.x
Subject(s) - risk analysis (engineering) , economic risk , economic evaluation , computer science , actuarial science , economics , business , microeconomics
Economic approaches to evaluation have become very popular as governments try to reduce costs and cut programs. However, one must be careful in conducting such analyses, especially cost‐benefit analyses, as they sometimes exclude significant criteria that the evaluator must consider at the risk of being incorrect.