Evaluation 2017: From Learning to Action

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Adopting Economic Cost-Effectiveness Analyses to Enhance Evaluation Practices

Session Number: 2222
Track: Presidential Strand
Session Type: Panel
Tags: benefit-cost analysis, Cost Effectiveness
Discussant: Marvin C Alkin [Professor - UCLA]
Presenter 1: Henry M Levin [NCSPE Teachers College]
Presentation 1 Additional Author: Brian T Yates, Ph.D. [Professor - American University]
Time: Nov 10, 2017 (08:00 AM - 09:30 AM)
Room: Maryland C

Abstract 1 Title: Adopting Economic Cost-Effectiveness Analyses to Enhance Evaluation Practices
Presentation Abstract 1:

Researchers are increasingly producing rigorous evidence on the effectiveness of specific educational reforms in order to improve teaching and learning. This progress is important, however given the severe economic constraints that many educational decision makers face, the field of evaluation needs to inform decisions not only with strong evidence of positive outcomes, but also with information on the costs for obtaining those outcomes.  Failure to do so can be misleading, wasteful, and counter to serving the public interest.  This session is framed around an acknowledged leader in the study of economic cost-effectiveness in the field of education providing examples and a non-technical argument for why the field of evaluation needs to do more in providing cost-effectiveness evidence to decision makers. Following his presentation, three discussants will interview him to draw out the implications, including opportunities and challenges, of promoting this economic perspective as a way of enhancing evaluation practices.


Presentation 1 Other Authors: Sandy Davis, Senior Advisor, Bipartisan Policy Center
Theme: Learning to Enhance Evaluation
Audience Level: All Audiences

Session Abstract (150 words): 

Researchers are increasingly producing rigorous evidence on the effectiveness of specific educational reforms in order to improve teaching and learning. This progress is important, however given the severe economic constraints that many educational decision makers face, the field of evaluation needs to inform decisions not only with strong evidence of positive outcomes, but also with information on the costs for obtaining those outcomes.  Failure to do so can be misleading, wasteful, and counter to serving the public interest.  This session is framed around an acknowledged leader in the study of economic cost-effectiveness in the field of education providing examples and a non-technical argument for why the field of evaluation needs to do more in providing cost-effectiveness evidence to decision makers. Following his presentation, three discussants will interview him to draw out the implications, including opportunities and challenges, of promoting this economic perspective as a way of enhancing evaluation practices.

 



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