Resources Repository
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Resource PackPublication, Teaching Resource 2021Resource Pack: Valuing Health and Longevity in BCA
This resource pack, curated by the Center for Health Decision Science, introduces the valuation of …
This resource pack, curated by the Center for Health Decision Science, introduces the valuation of changes in health and longevity in benefit-cost analysis. It is targeted towards advanced students and practitioners who have a basic understanding of the benefit-cost analysis framework, as discussed in the Resource Pack: Introduction to Benefit-Cost Analysis. That pack provides a general overview of the approaches that are explored in more detail here, as well as related guidance documents. This pack…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | College | Graduate | Critical Thinking/Analysis | Policy Translation -
ArticlePublication 2020Premature Deaths, Statistical Lives, and Years of Life
This article clarifies some misconceptions about mortality risk and economic valuation. The mortality effects of …
This article clarifies some misconceptions about mortality risk and economic valuation. The mortality effects of exposure to environmental hazards such as air pollution are often described by the estimated number of “premature deaths” and the economic value of an exposure reduction as the number of “statistical lives saved” multiplied by the “value per statistical life.” These terms can be misleading because the number of deaths advanced by exposure cannot be determined from mortality data; it…
Preferences/Values | Health Outcomes | Benefit-Cost Analysis | Environmental Health | Policy/Regulation | College | Graduate | Critical Thinking/Analysis -
Resource PackPublication, Teaching Resource 2024Resource Pack: Introduction to Benefit-Cost Analysis
This resource pack, curated by the Center for Health Decision Science, introduces the theory and …
This resource pack, curated by the Center for Health Decision Science, introduces the theory and practice of benefit-cost analysis. It is targeted towards advanced students as well as practitioners and those interested in teaching benefit-cost analysis. Benefit-cost analysis (also referred to as cost-benefit analysis) is a well-established and widely-used form of economic evaluation. It is designed to inform policy and other decisions by providing evidence on the consequences of alternative interventions. In benefit-cost analysis, all…
Preferences/Values | Priority Setting/Ethics | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | Global | College | Graduate | Doctoral | Professional | Critical Thinking/Analysis -
Lesson/ModuleVideo, Teaching Resource 2018Introduction to Effectiveness, Patient Preferences, and Utilities
This video is intended to provide an introduction to the concept of the quality-adjusted life …
This video is intended to provide an introduction to the concept of the quality-adjusted life year or QALY as well as preference measurement. Descriptions of the several techniques that can be used for measuring QALYs in economic evaluations are presented. This video is part of the Conducting Cost-Effectiveness Analysis with VA Data (HCEA) free course offered by the U.S. Department of Veterans Affairs Health Services Research and Development group focused on cost-effectiveness analysis and budget…
Preferences/Values | Decision Analysis | Health Systems | Health/Medicine | North America | College | Graduate | Doctoral | Critical Thinking/Analysis | Quantitative Literacy -
BookPublication 2018Pricing Lives: Guideposts for a Safer Society
This book describes how the government came to adopt the value of a statistical life …
This book describes how the government came to adopt the value of a statistical life (VSL) approach for valuing changes in mortality risks and argues that its more widespread use would create a safer and more equitable society. The author estimates these values based on how much more money workers would demand to take on more hazardous jobs; his current estimate is $10 million. The book addresses numerous topics such as whether older people’s lives…
Preferences/Values | Benefit-Cost Analysis | Policy/Regulation | Climate/Environment | College | Graduate | Critical Thinking/Analysis -
GuidelinesPublication, Teaching Resource 2018Behavioral Economics Guide 2018
The 2018 Behavioral Economics Guide provides an introduction to behavioral economics, a review of developments …
The 2018 Behavioral Economics Guide provides an introduction to behavioral economics, a review of developments in the field, insights from practitioners, and general resources such as postgraduate programs and scholarly journals. This is the fifth edition of this now yearly publication. The 2018 edition features an introduction written by Robert Cialdini. Behavioraleconomics.com is the official home of the Behavioral Economics Guide. The guide is downloadable free of charge from the website.
Preferences/Values | Decision Theory | Decision Psychology | College | Graduate | Doctoral | Professional -
Resource PackPublication, Teaching Resource 2023Resource Pack: Books on Decision Making and Thinking
This resource pack, curated by the Center for Health Decision Science, features books about how …
This resource pack, curated by the Center for Health Decision Science, features books about how we think, learn, and decide. We aim to provide an introduction to some of the core concepts in decision theory and psychology with this collection, and hope that it will stimulate further inquiry. These books are geared to a general audience; the majority are very accessible reads. The collection is broadly divided into three categories. The first is made up of…
Preferences/Values | Decision Theory | Decision Psychology | Probability/Bayes | Business/Industry | Climate/Environment | Culture/Society | Economics/Finance | Health/Medicine | Science/Technology | Global | High School | College | Graduate | Doctoral | Professional | Critical Thinking/Analysis | Decision Making/Leadership | Policy Translation -
Teaching PackPublication, Teaching Resource 2022Teaching Pack: Introduction to Decision Analysis
In this teaching pack on Introduction to Decision Analysis, students are provided a basic introduction to …
In this teaching pack on Introduction to Decision Analysis, students are provided a basic introduction to the field of decision analysis in the context of public health. After differentiating simple "relatively automatic" decisions from those that might require more systematic analysis, students are introduced to the core elements of a decision analysis (e.g., objectives, alternatives, probabilities, and outcomes), and the basic steps of a decision analysis. Materials include an instructor's note, videos, companion slides, a glossary,…
Preferences/Values | Decision Psychology | Probability/Bayes | Decision Analysis | Cost-Effectiveness Analysis | Health/Medicine | Global | College | Graduate | Critical Thinking/Analysis | Quantitative Literacy -
Teaching PackPublication, Teaching Resource 2022Teaching Pack: Valuing Individual Health Outcomes
In this teaching pack on Valuing Individual Health Outcomes, students learn how to assign quantitative …
In this teaching pack on Valuing Individual Health Outcomes, students learn how to assign quantitative values to health outcomes at the individual level, including: expected utility theory, the axioms of this theory, distinguishing between preference-based measures of value and health-related quality of life outcomes, measuring utility using the standard gamble, the time trade-off, and the visual analog scale, and understanding the limitations of these measures. Materials include an instructor's note, videos, companion slides, a glossary,…
Preferences/Values | Health Outcomes | Decision Analysis | Injuries/Accidents | Economics/Finance | Health/Medicine | College | Graduate | Doctoral