Hundreds of topics. One connected model. No hidden errors.

Most social value methods value one topic at a time - a fixed figure per outcome, borrowed from population averages, then added together.

Hundreds of topics. One connected model. No hidden errors.

Most social value methods value one topic at a time - a fixed figure per outcome, borrowed from population averages, then added together.

What everyone else does

ApproachHow It WorksWhat It Misses
WELLBY methodsSurvey data compared to population baselinesOne topic at a time; no person-level paths
SROIBorrowed substitute values from value banksNo comparison with what would have happened anyway
HACT Social Value BankMultiply counts by fixed per-outcome valuesSingle-topic, population-average, transfer-based
Hedonic pricingInfer value from property pricesNo person-level welfare model; confounds many effects
Multi-model analysisDifferent teams model topics separatelyResults stapled together; conservation not enforced
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