Investing in Children provides free and independent advice on the costs and benefits of competing investment options in children’s services. The analysis is based on our work to adapt the economic model developed by the Washington State Institute for Public Policy (WSIPP) in the US to the UK (primarily England and Wales). The model takes an approach to cost-benefit analysis that is consistent across policy areas, cautious in its estimates and relevant to the real world of public and private sector investments in child health and development.
An overview of the work of Dartington Social Research Unit to estimate the cost-benefit of interventions and a brief description of how we do this work is available here. A more detailed report describing the methodology used to adapt the WSIPP cost-benefit model to the UK is available here. For more information about the original model, please see the report and technical appendix found here.