Clive R. Belfield is assistant professor of economics at Queens College of the City University of New York. His books include Privatizing Educational Choice: Consequences for Parents, Schools, and Public Policy, written with Henry M. Levin (Paradigm, 2005), and Economic Principles for Education: Theory and Evidence(Edward Elgar, 2000). Henry M. Levin is William H. Kilpatrick Professor of Economics and Education and director of the National Center for the Study of Privatization in Education at Teachers College, Columbia University. He is the author or editor of more than twenty books, including Cost-Effectiveness Analysis: Methods and Applications, 2d ed., coauthored with Patrick J. McEwan (Sage, 2001), and Privatizing Education: Can the Marketplace Deliver Choice, Efficiency, Equality, and Social Cohesion?(Westview, 2001).
Henry M. Levin and Patrick J. McEwan use detailed and varied examples from studies and articles, ranging from education to public health, to introduce the principles and practice of cost-effectiveness analysis. The authors take account of both the costs and the effects of selecting alternatives, and suggest methods of minimizing the costs of research. New to this edition: expanded coverage of cost effectiveness from types of technique to use, to how to interpret the data; the latest information on cost benefits analysis and how to relate it to outcome measures; in-depth chapter-end exercises to enable readers to sharpen their ability to evaluate policy options and program effectiveness; feedback appendix for readers to evaluate their responses to exercises; comprehensive bibliography of methodological sources on cost analysis and educational settings grouped by category.
This thorough volume primes the reader to deal with any evaluation situation by studying cost-effective analysis in relation to cost-benefit analysis, cost-utility analysis, and cost-feasibility analysis.