Quantifying the value of problem structuring interventions?

Abstract

We review the current work on measuring and evaluating PSM interventions and return to the paradox of trying to determine a specific monetary value. In an attempt to resolve the paradox, we have borrowed freely from economic theory and constructed a scenario where the question of value can be investigated through the effect that a problem structuring intervention will have on information asymmetry in contract formation. This suggests an avenue of research where the value of problem structuring interventions can be investigated empirically. We discuss the difficulties of research design to investigate this question but also the potential benefits.