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  • Author or Editor: Aidan R. Vining x
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Anthony E. Boardman and Aidan R. Vining

One specific focus, central to Chapter 5 by Boardman and Vining, is on how to make an economic evaluation of social policy. The chapter provides an overview of the methods used to evaluate social policies, which focus on the criterion of allocative efficiency, including both comprehensive methods (cost–benefit analysis) and non-comprehensive economic evaluation methods. It also discusses some of the important issues associated with the economic evaluation of social policies, including some of the pitfalls.