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| Welty, Gordon A. | 1 |
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Download full textWelty, Gordon A. – 1971
Benefit-cost analysis consists of establishing ratios of benefits to costs for a set of project variants. The decision rule is to select that project variant where the ratio is a maximum. This paper argues that specification and estimation errors can contribute to findings for large-scale systems of benefit-cost ratios approximating zero. The…
Descriptors: Budgeting, Cost Effectiveness, Educational Finance, Input Output Analysis
Dyer, James S. – 1969
This document (1) describes current PPBS techniques and their limitations for planning and budgeting in public higher education; (2) presents suggestions for PPBS applications in higher education systems, with emphases on the problems of identifying objectives, evaluating effectiveness, and structuring the program budget; and (3) analyzes the…
Descriptors: Budgeting, Cost Effectiveness, Decision Making, Educational Objectives
