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ERIC Number: ED254916
Record Type: Non-Journal
Publication Date: 1984-Apr-24
Pages: 16
Abstractor: N/A
An Advanced Multiple Alternatives Modeling Formulation for Determining Graduated Fiscal Support Strategies for Operational and Planned Educational Programs.
Wholeben, Brent Edward
A rationale is presented for viewing the decision-making process inherent in determining budget reductions for educational programs as most effectively modeled by a graduated funding approach. The major tenets of the graduated budget reduction approach to educational fiscal policy include the development of multiple alternative reduction plans, or scenarios, for each program under evaluation. The five main components of this model are described: program funding alternatives vector, funding criterion standards vector, coefficient data matrix, conditional policy standards vector, and decision-making optimality vector. The process the model follows during the evaluation of each program funding alternative is demonstrated through the use of simulation schematics; an example of this modeling formulation is examined, exploring how results are evaluated for their contribution to criterion standards validity and decision process reliability. Finally, a series of steps is recommended for the design, development, and use of a graduated budget reduction model. A 16-item list of selected readings and references is included. (TE)
Publication Type: Opinion Papers; Reports - Descriptive; Speeches/Meeting Papers
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A