Cost- Benefit Model For Substance Abuse Treatment Programs

This paper presents a literature review and a specification for a Cost-Benefit model applied to substance abuse treatment programs. It is important in adapting a model that is not only theoretically and methodologically sound, but also seeks to utilize the best existing cost benefit analysis techniques. Ideas, concepts, and procedures found in other studies are used to support the model developed. Model specification involves the determination of the appropriate variables and statistical techniques, keeping in mind the data most readily available from the programs intended for analysis. Cost-benefit analysis is commonly used to provide guidance to policy makers when considering appropriate projects to fund.