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Selected Case

published: 30 Oct 2017

  • Topic: Responsibility
  • Industry: Education
  • Region: North America

Abstract:
This case describes a policy maker who is reviewing evidence on the financial and social impact of giving low-income families access to high-quality preschools. In doing so, the case presents details of the oft-cited Perry Preschool study, which used a randomized experiment design for impact evaluation and cost-benefit analysis of one such programme.

Pedagogical Objectives:
This case sheds light on impact evaluation, focusing on how to use a rigorous randomized experiment approach (also called randomized control trials or RCTs). It also serves as a basis for discussing cost-benefit analysis and social returns on investment for interventions like high-quality preschools. It is suitable for courses on public policy, sustainable development, nonprofit management, social entrepreneurship, impact investing and research design.

Keywords:
Impact Evaluation, Social Impact, Public Policy, Social Returns on Investment, Cost-Benefit Analysis, Preschool Education, Outcome Measurement, Social Inclusion, Randomized Control Trials (rcts), Experiment Design, Sustainable Development, Nonprofit Management, Theory of Change, Impact Investing


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