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Working PaperPublication 2018Assessing the Distribution of Impacts
This paper discusses the need to supplement benefit-cost analysis with estimates of how the impacts …
This paper discusses the need to supplement benefit-cost analysis with estimates of how the impacts are distributed across different members of the population, categorized by income level or other attributes. Benefit-cost analysis focuses on estimating aggregate net effects. Decision-makers and other stakeholders also want to know who is harmed, who is helped, and by how much. Responding to these questions requires identifying the characteristics of individuals and impacts of concern, examining how the benefits and…
Benefit-Cost Analysis | Economics/Finance | Preferences/Values | Priority Setting/Ethics | Costing Methods | Decision Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
Working PaperPublication 2018Valuing Nonfatal Health Risk Reductions
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- …
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- and middle-income countries. The approach for valuation ideally would be based on estimates of individuals’ willingness to pay for changes in their own risks. However, high quality valuation research is not available for many nonfatal conditions even in high-income settings. Typically, two approaches are used either alone or in combination as rough proxies. The first involves applying an estimate of…
Benefit-Cost Analysis | Economics/Finance | Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis
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