Analyze interventions' costs
- When cost analyses are conducted, researchers must provide a rationale for their:
- adoption of a particular cost analysis perspective (e.g., the societal perspective);
- use of local or national average prices for each resource; and
- their assumptions about adjustment to the prices of resources, including geographic adjustments and adjustments to account for the time value of money.
- Even if not otherwise required, researchers should consider measuring the cost of components of the intervention relative to the control or comparison condition.
What We're Reading
Hollands, F.M., Kieffer, M.J., Shand, R., Pan, Y., Cheng, H, & Levin, H.M. (2016). Cost-effectiveness analysis of early reading programs: A demonstration with recommendations for future research. Journal of Research on Educational Effectiveness, 9, 30–53. https://doi.org/10.1080/19345747.2015.1055639
Levin, H.M., & Belfield, C. (2015). Guiding the development and use of cost-effectiveness analysis in education. Journal of Research on Educational Effectiveness, 8, 400–418. https://doi.org/10.1080/19345747.2014.915604
Last Modified: June 10, 2021