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Estimating the Economic Value of Information for Screening in Disseminating and Targeting Effective School-based
Stephen S Johnston1,2, David S Salkever3,4, Nicholas S Ialongo5
1Department of Public Policy, University of Maryland Baltimore County, Baltimore, MD, USA. sjohn147@its.jnj.com.
Abstract:
When candidates for school-based preventive interventions are heterogeneous in their risk of poor outcomes, an intervention's expected economic net benefits may be maximized by targeting candidates for whom the intervention is most likely to yield benefits, such as those at high risk of poor outcomes. Although increasing amounts of information about candidates may facilitate more accurate targeting, collecting information can be costly. We present an illustrative example to show how cost-benefit analysis results from effective intervention demonstrations can help us to assess whether improved targeting accuracy justifies the cost of collecting additional information needed to make this improvement.
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