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measured net benefit is positlvely correlated with expected net bene-fit, the probability that a household w111 enroll ln the houslngallowance program is positlvel-y related to lts measured net benefit.But a measured net benefit greater than zero does not assure enroll-menE because of the imperfect link to expected net beneflt; thus theoperational model ls stochastlc.A stochastic benefit-cost model of enrollment would be a logicalextension of this noters analysis. I,le have explained how f low rates--enrollment and termlnation--interact to determl-ne partlcipation rates;the next step i-s to understand t.he flow rates.
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