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Record W4366383857 · doi:10.3138/cjpe.021.003

Making Cost-Benefit Analysis a Practical Tool for Evaluation

2006· article· en· W4366383857 on OpenAlexvenueaboutno aff
Kenneth Watson

Bibliographic record

VenueCanadian Journal of Program Evaluation · 2006
Typearticle
Languageen
FieldDecision Sciences
TopicRisk and Safety Analysis
Canadian institutionsnot available
Fundersnot available
KeywordsComputer scienceTreasuryProbabilistic logicCost–benefit analysisRisk analysis (engineering)Cost analysisWatsonOperations researchReliability engineeringBusinessEngineeringArtificial intelligence

Abstract

fetched live from OpenAlex

Abstract: A cost-benefit evaluation requires precise data on program outcomes. However, such data are unavailable when the analysis is prospective, and expensive and time-consuming to collect when the analysis is retrospective. This problem of uncertain data is partly solved by the revised version of the Treasury Board Benefit-Cost Analysis Guide (Watson & Mallory, 1997), which allows probabilistic estimates of program results to be used in the analysis. There are not yet many examples of this technique in practice. One is Transport Canada’s evaluation of alternative requirements for small commercial vessels to carry emergency signaling equipment. This article describes that evaluation and assesses how well the methodology worked.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.072
metaresearch head score (Gemma)0.217
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Methods · Consensus signal: Methods
Teacher disagreement score0.072
Threshold uncertainty score0.381

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0720.217
Meta-epidemiology (narrow)0.0030.001
Meta-epidemiology (broad)0.0020.002
Bibliometrics0.0060.004
Science and technology studies0.0020.004
Scholarly communication0.0110.013
Open science0.0030.005
Research integrity0.0050.007
Insufficient payload (model declined to judge)0.0200.004

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.394
GPT teacher head0.544
Teacher spread0.150 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2006
Admission routes2
Has abstractyes

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