Resources Repository
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ReportPublication 2012Mortality Risks in Environment, Health and Transport
This report presents a major meta-analysis of value of a statistical life (VSL) estimates derived …
This report presents a major meta-analysis of value of a statistical life (VSL) estimates derived from surveys around the world. The analysis seeks to explain the differences in the estimates, for example across countries. Differences in incomes and the magnitude of the risk reduction were found to be the factors having the strongest impact, but numerous other policy-relevant factors are also important. The report also presents advice on how VSL estimates can be best used…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis -
ArticlePublication 2011Valuing Mortality Risk Reductions: Progress and Challenges
This article focuses on the value of mortality risk reduction, an important component of the …
This article focuses on the value of mortality risk reduction, an important component of the benefits estimates for environmental policies. In recent years, the number, scope, and quality of valuation studies have increased dramatically. Revealed-preference studies of wage compensation for occupational risks, on which analysts have primarily relied, have benefited from improved data and statistical methods. Stated-preference research has improved methodologically and expanded dramatically. In these studies, researchers have explored many issues concerning the validity…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis -
Lesson/ModuleWeb Portal, Teaching Resource 2011Economics of Health: How Do We Decide?
This learning module provides lessons about health economics containing activities, worksheets, notes, and answers on …
This learning module provides lessons about health economics containing activities, worksheets, notes, and answers on a number of skills in probability calculations. Using mathematics, these exercises engage students by tackling real world issues in health decision-making. These activities are recommended to be used together but can also be used independently. They are aimed at a high school learning level, age 16 or higher.
Priority Setting/Ethics | Health Outcomes | Decision Analysis | Economics/Finance | Health/Medicine | High School | Critical Thinking/Analysis | Quantitative Literacy -
Lesson/ModuleWeb Portal, Teaching Resource 2011“Eating Bacon Sandwiches is Bad for You!” Evaluating Risk
This packet of lessons on evaluating risk contains videos, activities, worksheets, notes, and answers on …
This packet of lessons on evaluating risk contains videos, activities, worksheets, notes, and answers on analyzing statistical data. Using mathematics, these exercises engage students by tackling real world issues in health decision-making, such as the risk of eating bacon sandwiches. These activities are recommended to be used together but can also be used independently. They are aimed at a high school learning level and higher.
Decision Analysis | Chronic Disease/Risk | Health/Medicine | High School | College | Critical Thinking/Analysis | Quantitative Literacy -
Lesson/ModuleWeb Portal, Teaching Resource 2011Epidemics: Modelling with Mathematics
This learning module explores mathematically modeling disease epidemics. Through video clips, Dr. Julia Gog and …
This learning module explores mathematically modeling disease epidemics. Through video clips, Dr. Julia Gog and Dr. Andrew Conlan explain simple mathematical models for how disease spreads through populations, and how these models can be built upon for more complex modelling. These models can be used to predict epidemics, and in turn, help to mitigate their risks. Related resources, such as activities, worksheets, and presentations, are available to help students investigate mathematical modelling. These activities are…
Mathematical Models | Infectious Diseases | Health/Medicine | Science/Technology | Global | High School | College | Critical Thinking/Analysis | Decision Making/Leadership -
Lesson/ModuleWeb Portal, Teaching Resource 2011Test is Positive: But What Are the Odds It's Wrong?
This learning module explores real-world applications of probability and statistics in decision-making. It includes a …
This learning module explores real-world applications of probability and statistics in decision-making. It includes a wide range of activities and resources to accompany videos on probability and statistics in diagnostic testing and as evidence in the court of law. These videos aim to help students better understand what questions to ask in order to produce optimal data. Both video-related and alternative practice problems are provided. These activities are recommended to be used together but can…
Probability/Bayes | Test Performance | Government/Law | Health/Medicine | Global | High School | Critical Thinking/Analysis | Decision Making/Leadership | Quantitative Literacy -
ArticlePublication 2010Valuing Environment-Related Health Risks for Children
This report is the final output of the OECD Valuation of Environment-Related Health Impacts (VERHI) …
This report is the final output of the OECD Valuation of Environment-Related Health Impacts (VERHI) project and presents new research findings. The authors estimate a value per statistical life (VSL) for children and adults based on surveys conducted in the Czech Republic, Italy and the United Kingdom.
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis -
ArticlePublication 2002QALYs versus WTP
This article discusses quality adjusted life years (QALYs) and willingness to pay (WTP), which are …
This article discusses quality adjusted life years (QALYs) and willingness to pay (WTP), which are alternative measures of the value of reductions in health risks. Although both methods are based on individual preferences, the underlying assumptions differ. The different bases yield systematically different conclusions about the relative value of reducing health and mortality risks to individuals who differ in age, preexisting health conditions, income, and other factors. The choice of which method to use depends…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis -
ArticlePublication 2008Adjusting VSL for Age
This article addresses the theoretical ambiguity in the effect of age on the value of …
This article addresses the theoretical ambiguity in the effect of age on the value of statistical life (VSL) using a novel, age-dependent fatal risk measure to estimate age-specific hedonic wage regressions. VSL exhibits an inverted-U-shaped relationship with age. In the year 2000 cross section, workers' VSL rises from $3.7 million (ages 18–24) to $9.7 million (ages 35–44) and declines to $3.4 million (ages 55–62). Controlling for birth-year cohort effects yields a peak VSL of $7.8…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis