Benefit-Cost Analysis for Early Childhood Interventions: Workshop Summary

This book from the Institute of Medicine (IOM) summarizes the findings from a workshop that explored how benefit-cost analysis can be used to support effective policy decisions. It provides an overview of benefit-cost analysis and an introduction to three primary issues: (1) evaluating early childhood interventions; (2) assessing the costs associated with them; and (3) assigning value to the benefits they yield. The book closes with a discussion of the role of benefit-cost analysis in today’s policy context, including how to communicate results to policymakers.