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An Assessment Of Discount Methods For Evaluating Efficiency Of Investments In Education
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Book Synopsis An Assessment of Discount Methods for Evaluating Efficiency of Investments in Education by :
Download or read book An Assessment of Discount Methods for Evaluating Efficiency of Investments in Education written by and published by . This book was released on 2015 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: As clearly stated by Pareto, no society can avoid the economic problem of "opposition between tastes and obstacles" that is, as in other categories of economic decisions, investments in education have to take into account their opportunity cost. This implies that when education policies need to be implemented, there is a previous need of comparing different actions and evaluating them to assess their attractiveness. In this comparison process, one of the technical difficulties which has to be solved is the choice of the correct mathematical aggregation rule (i.e. the commonly called investment evaluation criterion or discount method) to use.^The internal rate of return (IRR) is widely used in educational policy and planning; the main justifications are three: 1) the choice of a discount rate may vary for different countries and at different times, while IRR is an "objective" measure, 2) IRR allows the comparison with investments in the private sector, and 3) IRR allows the comparison of investments in different educational fields, such as primary schooling and university (by simply considering the average rates of return in each field). However, the debate on the proper evaluation criterion to use, when a private investment decision has to be taken or a public project appraisal has to be carried out, is a traditional one in financial, public and production economics. Although the considerable amount of existing literature, the problem of the choice of the right investment evaluation criterion is still an open one.^The majority of authors claim that net present value (NPV) is a superior criterion and thus it is the one to be always used. Other authors try to show that various investment evaluation criteria, under specific conditions, arrive at the same recommendation. This research aims at clarifying this controversial topic by focusing on some clear cut formal properties of the various investment evaluation criteria and by considering the empirical characteristics of the different fields of application. Clear guidelines for education investment evaluation will be drawn.
Book Synopsis Economic Evaluation in Education by : Henry M. Levin
Download or read book Economic Evaluation in Education written by Henry M. Levin and published by SAGE Publications. This book was released on 2017-06-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has seen increased attention to cost-effectiveness and benefit-cost analysis in education as administrators are being asked to accomplish more with the same or even fewer resources, philanthropists are keen to calculate their "return on investment" in social programs, and the general public is increasingly scrutinizing how resources are allocated to schools and colleges. Economic Evaluation in Education: Cost-Effectiveness and Benefit-Cost Analysis (titled Cost-Effectiveness Analysis: Methods and Applications in its previous editions) is the only full-length book to provide readers with the step-by-step methods they need to plan and implement a benefit-cost analysis in education. Authors Henry M. Levin, Patrick J. McEwan, Clive Belfield, Alyshia Brooks Bowden, and Robert Shand examine a range of issues, including how to identify, measure, and distribute costs; how to measure effectiveness, utility, and benefits; and how to incorporate cost evaluations into the decision-making process. The updates to the Third Edition reflect the considerable methodological development in the evaluation literature, and the greater empiricism practiced by education researchers, to help readers learn to apply more advanced methods to their own analyses.
Book Synopsis Methods of Evaluating Educational Technology by : Walt Heinecke
Download or read book Methods of Evaluating Educational Technology written by Walt Heinecke and published by IAP. This book was released on 2001-09-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume gathers some of the methods being developed by evaluators from university settings and the private sector. While providing models and methods, these authors also raise larger questions, such as: "How can schools meet the challenge of educating all children without being limited by the educational legacy of a 'one size fits all' curriculum and normative testing?" More than documenting an "apprenticeship to gadgetry," evaluators are seeking to measure meaningful learning and changes in teaching - investigating approaches that are not possible or that are less accessible when students are in traditional classrooms without technology. In this first volume of the series Research Methods for Educational Technology (RMET) the contributing authors draw upon examples of their work evaluating the implementation and development of educational technology as well as the impact of policies and programs in this field. Within this volume several authors have written about the implementation and evaluation of technology across cultures and national boundaries, pointing to an area of research that will rapidly expand in this decade. The concern for meeting the needs of policymakers is also apparent in several of these chapters, but there is tension between providing them with positive results to support their efforts and reexamining the questions they are asking and how these questions are developed. We know that evaluation is not the extended arm of public relations, and yet it becomes clear that evaluators are often asked to demonstrate a project "is successful" on the threat that the funding will be cut. While this decision-making process fits the timetable of the fiscal year, it does not acknowledge that evaluation can be formative and strengthen programs. This timetable also ignores the investment of time that is needed when implementing innovations like the Internet into teaching and learning. Many of the authors included in this volume write from the context of evaluating federally-funded programs, and they provide valuable insight for future projects which are created and evaluated at the state-level. As technology initiatives are developed and funded outside of the federal arena, more evaluators will be called upon. From approaches developed from federally-funded projects, we can build upon these methods and models for evaluation within regional projects to answer questions related to budgets and accountability. As we answer these immediate questions, we can move forward to examine the long-term impact of technology, and the possibility that exercises in conformity will replace the adventure of human enlightenment for our children.
Book Synopsis Assessing Impact by : Joellen Killion
Download or read book Assessing Impact written by Joellen Killion and published by Corwin Press. This book was released on 2017-11-08 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design high-impact professional learning programs with results-based evaluations You want to make sure that the time, effort, and resources you are investing in your professional learning programs is truly making an impact on educator effectiveness and student achievement. Joellen Killion guides you step by step through the rigors of producing an effective, in-depth, results-based evaluation to measure effectiveness and retain stakeholder support. The methods outlined here: Adhere to changes in federal and state policy relating to professional learning and educator development Facilitate the use of extensive datasets crucial for measuring feasibility, equity, sustainability, and impact of professional learning Help you make data-informed decisions and increase quality and results
Author :Organisation for Economic Co-operation and Development Publisher :OECD Publishing ISBN 13 : Total Pages :238 pages Book Rating :4.3/5 (91 download)
Book Synopsis The Appraisal of Investments in Educational Facilities by : Organisation for Economic Co-operation and Development
Download or read book The Appraisal of Investments in Educational Facilities written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2000 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers covers, from a European perspective, the basic aspects of investments in physical educational facilities, as well as important issues in the economics of education. Four themes are covered. The first presents the art of the economic analysis of educational projects. The second focuses on the contribution of performance indicators in the evaluation of education systems. The third concerns the management of physical resources for education, especially the relationship between school environment and student achievement. The last theme addresses the design and equipment of physical facilities for education. It argues for investments in building human capital, and provides the tools for assessing the rates of return on these types of investments. Final comments focus on facility flexibility: what it is and which requirements it is supposed to meet. The papers included are: "Building Human Capital in Europe: Issues and Methods" (George Psacharopoulos); "Cost-Benefit Analysis in Education Projects: Internal Rates of Return, Methodologies and Theoretical Objections" (Tom Healy); "Externalities, Non-Market Effects, and Trends in Returns to Educational Investments" (Walter W. McMahon); "Investment in Education in OECD Countries--Finance and Ownership" (Andreas Schleicher); "What Do Developed Countries Today Demand from Their Educational Systems?" (Torsten Husen); "What Do Developed Countries Expect of Their Educational Systems? Reflections on the French Experience" (Francois Louis); "Making Better Use of School Buildings: Schools as Social Capital" (Kenn Fisher); "The Impact of School Building Conditions, Student Achievement, and Behaviour" (Glen I. Earthman); "Environmental Appraisal of Education Facilities" (Christopher French); "Patterns and Design Strategies for New School Buildings" (Rodolfo Almeida); and "Investing for Flexibility" (Sam Cassels and Peter McLennan). (Most chapters contain references.) (GR)
Book Synopsis Cost-Effectiveness Analysis by : Henry M. Levin
Download or read book Cost-Effectiveness Analysis written by Henry M. Levin and published by SAGE. This book was released on 2001 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost-effectiveness analysis allows researchers and evaluators to determine if a particular program or policy has attained maximum effectiveness for a given budget. This book introduces cost-effectiveness analysis and gives readers step-by-step methods to plan and implement a cost-analysis study. It explains and illustrates the four major techniques : cost-effectiveness, cost-benefit, cost-utility, and cost-feasibility. It discusses choice of analysis, implementation, the nature of costs (including how to identify, measure, and distribute costs); measuring effectiveness, utility, and benefits; and, lastly the difficulties of including cost evaluations in the decision making process. Each chapter ends with exercises that enable readers to sharpen their ability to evaluate policy options and program effectiveness.
Book Synopsis Statistical Tools for Program Evaluation by : Jean-Michel Josselin
Download or read book Statistical Tools for Program Evaluation written by Jean-Michel Josselin and published by Springer. This book was released on 2017-05-23 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a self-contained presentation of the statistical tools required for evaluating public programs, as advocated by many governments, the World Bank, the European Union, and the Organization for Economic Cooperation and Development. After introducing the methodological framework of program evaluation, the first chapters are devoted to the collection, elementary description and multivariate analysis of data as well as the estimation of welfare changes. The book then successively presents the tools of ex-ante methods (financial analysis, budget planning, cost-benefit, cost-effectiveness and multi-criteria evaluation) and ex-post methods (benchmarking, experimental and quasi-experimental evaluation). The step-by-step approach and the systematic use of numerical illustrations equip readers to handle the statistics of program evaluation. It not only offers practitioners from public administrations, consultancy firms and nongovernmental organizations the basic tools and advanced techniques used in program assessment, it is also suitable for executive management training, upper undergraduate and graduate courses, as well as for self-study.
Book Synopsis Decision Making Methods for Evaluation of Efficiency of General Insurance Companies in Malaysia: A Comparative Study by : ZHAO LOON WANG
Download or read book Decision Making Methods for Evaluation of Efficiency of General Insurance Companies in Malaysia: A Comparative Study written by ZHAO LOON WANG and published by Infinite Study. This book was released on with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes an integration of two neutrosophic based multi-criteria decision makingbmethods, namely the neutrosophic data analytical hierarchy process (NDAHP) and the Technique of OrderbPreference by Similarity to Ideal Solution (TOPSIS) with maximizing deviation method, both based onbthe single-valued neutrosophic set (SVNS) to evaluate the ef ciency of general insurance companies inbMalaysia.
Book Synopsis The New Handbook of Teacher Evaluation by : Jason Millman
Download or read book The New Handbook of Teacher Evaluation written by Jason Millman and published by Corwin Press. This book was released on 1989-12-01 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now available in paper, this version is the first comprehensive look at the process of selecting, assessing and assisting teachers in nearly a decade. Since the publication of the first Handbook, the profession of teaching has witnessed dramatic change including a greater awareness of teacher accountability, an increase in teacher testing and the development of teaching incentives. At the same time the political, social and organizational factors affecting the performance and evaluation of teachers have been subjects of intensive scrutiny. Reflecting these changes, the new Handbook contains 25 new chapters, and explores current practices, issues and controversies related to the evaluation of teachers at elementary and secondary levels.
Download or read book Resources in Education written by and published by . This book was released on 2001 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Quantitative Models for Performance Evaluation and Benchmarking by : Joe Zhu
Download or read book Quantitative Models for Performance Evaluation and Benchmarking written by Joe Zhu and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers are often under great pressure to improve the performance of their organizations. To improve performance, one needs to constantly evaluate operations or processes related to producing products, providing services, and marketing and selling products. Performance evaluation and benchmarking are a widely used method to identify and adopt best practices as a means to improve performance and increase productivity, and are particularly valuable when no objective or engineered standard is available to define efficient and effective performance. For this reason, benchmarking is often used in managing service operations, because service standards (benchmarks) are more difficult to define than manufacturing standards. Benchmarks can be established but they are somewhat limited as they work with single measurements one at a time. It is difficult to evaluate an organization's performance when there are multiple inputs and outputs to the system. The difficulties are further enhanced when the relationships between the inputs and the outputs are complex and involve unknown tradeoffs. It is critical to show benchmarks where multiple measurements exist. The current book introduces the methodology of data envelopment analysis (DEA) and its uses in performance evaluation and benchmarking under the context of mUltiple performance measures.
Book Synopsis Program Evaluation and Performance Measurement by : James C. McDavid
Download or read book Program Evaluation and Performance Measurement written by James C. McDavid and published by SAGE Publications. This book was released on 2012-10-25 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Program Evaluation and Performance Measurement: An Introduction to Practice, Second Edition offers an accessible, practical introduction to program evaluation and performance measurement for public and non-profit organizations, and has been extensively updated since the first edition. Using examples, it covers topics in a detailed fashion, making it a useful guide for students as well as practitioners who are participating in program evaluations or constructing and implementing performance measurement systems. Authors James C. McDavid, Irene Huse, and Laura R. L. Hawthorn guide readers through conducting quantitative and qualitative program evaluations, needs assessments, cost-benefit and cost-effectiveness analyses, as well as constructing, implementing and using performance measurement systems. The importance of professional judgment is highlighted throughout the book as an intrinsic feature of evaluation practice.
Book Synopsis The Wiley Blackwell Handbook of the Psychology of Training, Development, and Performance Improvement by : Kurt Kraiger
Download or read book The Wiley Blackwell Handbook of the Psychology of Training, Development, and Performance Improvement written by Kurt Kraiger and published by John Wiley & Sons. This book was released on 2014-11-17 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest Wiley Blackwell Handbook of Organizational Psychology uses a psychological perspective, and a uniquely global focus, to review the latest literature and research in the interconnected fields of training, development, and performance appraisal. Maintains a truly global focus on the field with top international contributors exploring research and practice from around the world Offers researchers and professionals essential information for building a talented organization, a critical and challenging task for organizational success in the 21st century Covers a diverse range of topics, including needs analysis, job design, active learning, self-regulation, simulation approaches, 360-degree feedback, and virtual learning environments
Book Synopsis UNESCO Guidelines for Assessing Learning Facilities in the Context of Disaster Risk Reduction and Climate Change Adaptation by : Torres, Jair
Download or read book UNESCO Guidelines for Assessing Learning Facilities in the Context of Disaster Risk Reduction and Climate Change Adaptation written by Torres, Jair and published by UNESCO Publishing. This book was released on 2019-10-17 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Teacher Appraisal and Performance by : Carol Cardno
Download or read book Managing Teacher Appraisal and Performance written by Carol Cardno and published by Routledge. This book was released on 2002-11-01 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The biggest single issue currently facing school managers is how they should appraise their staff and what the implications of the process are. This edited collection brings together the latest thinking on the subject, from both the UK and overseas, and places it directly in the context of school management. Issues discussed include the role of appraisal in school leadership and the role of appraisal in developing teachers. The importance of this combined with the lack of published material on the subject make this book an essential purchase for all headteachers, heads of department, INSET co-ordinators and postgraduate educational management students.
Book Synopsis RealWorld Evaluation by : Michael Bamberger
Download or read book RealWorld Evaluation written by Michael Bamberger and published by SAGE Publications. This book was released on 2011-11-29 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the challenges of conducting program evaluations in real-world contexts where evaluators and the agencies face budget and time constraints and where critical data is missing. The book is organized around a seven-step model developed by the authors, which has been tested and refined in workshops. Vignettes and case studies—representing evaluations from a variety of geographic regions and sectors—demonstrate adaptive possibilities for small projects with budgets of a few thousand dollars to large-scale, long-term evaluations. The text incorporates quantitative, qualitative, and mixed-method designs and this Second Edition reflects important developments in the field over the last five years.
Book Synopsis Evaluation and Performance Measurement of Research and Development by : Vittorio Chiesa
Download or read book Evaluation and Performance Measurement of Research and Development written by Vittorio Chiesa and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops and illustrates a comprehensive, multi-level framework for the evaluation of industrial research and development (R&D) activities and the measurement of their performance. The framework encompasses a set of hierarchical, interrelated levels at which R&D evaluation and performance measurement could be undertaken. This enlightening book focuses on the single industrial firm to study performance measurement of R&D functions, projects and individual researchers or engineers. It also addresses R&D evaluation from the point of view of financial markets, with a focus on the relationship between R&D investments and the value of the traded firm. The book broadens tin scope to study the role of technology platforms as R&D coordination mechanisms and also looks at the evaluation of R&D policies. This book will be warmly welcomed by researchers and postgraduate students in disciplines concerned with innovation management, technology policy, and finance who wish to gain an updated overview of R&D evaluation and performance measurement as well as exploring different units of analysis.
