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Evaluating Intangible OutcomesUsing Multiattribute Utility Analysis to Compare the Benefits and Costs of Social ProgramsHennepin County, Minnesota
University of Minnesota, yehxx008{at}umn.edu Increasingly, program managers are required to evaluate programs with multiple outcomes against costs. This is difficult when program outcomes are not easily translated into a common metric. This article compares cost benefit analysis with Multiple Attribute Utility Technology and discusses the application of judgment in both analytical techniques. Multiple Attribute Utility Technology is illustrated with a case example to demonstrate how it may be applied to evaluate the cost-effectiveness of programs with multiple intangible outcomes.
Key Words: cost-effectiveness cost-benefit benefit cost program evaluation shadow pricing
American Journal of Evaluation, Vol. 29, No. 3,
301-316 (2008) |
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