Resources Repository
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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…
Benefit-Cost Analysis | Decision Analysis | Government/Law | Climate/Environment | Preferences/Values | Priority Setting/Ethics | Social Determinants | Policy/Regulation | Economics/Finance | Health/Medicine | Global | College | Graduate | Doctoral | Professional | Critical Thinking/Analysis -
Resource PortalWeb Portal, Teaching Resource 2024Decision Sciences Institute
The Decision Sciences Institute (DSI) was founded in 1968 as the American Institute for the …
The Decision Sciences Institute (DSI) was founded in 1968 as the American Institute for the Decision Sciences (renamed to the Decision Science Institute in 1986). DSI is an independent non-profit organization with a mission to enrich the discipline of decision sciences and improve educational programs and instruction in decision sciences. DSI conducts annual meetings at the national and the regional levels, and produces a monthly news publication called “Decision Line” as well as two journals,…
Operations Research | Decision Analysis | Climate/Environment | Business/Industry | Health/Medicine | Global | College | Graduate | Doctoral | Professional | Critical Thinking/Analysis | Quantitative Literacy -
Working PaperPublication 2015Benefit-Cost Analysis and the Cities
This paper provides a short introduction to the use of benefit-cost analysis to assess interventions …
This paper provides a short introduction to the use of benefit-cost analysis to assess interventions undertaken at the city or municipal level. It introduces the concepts that underlie the conduct of benefit-cost analysis, describes the major analytic components, and discusses how to tailor the analysis to the characteristics of the policy and the resources available. It concludes with a list of references for those interested in learning more.
Benefit-Cost Analysis | Decision Analysis | Government/Law | Climate/Environment | Preferences/Values | Priority Setting/Ethics | Social Determinants | Environmental Health | Policy/Regulation | Culture/Society | Economics/Finance | North America | Critical Thinking/Analysis -
BookPublication 2016Foundations of Decision Analysis
This book is described by the authors as emerging from what they have learned by …
This book is described by the authors as emerging from what they have learned by "teaching decision analysis to thousands of people in the United States and around the world in university classes and special professional educational programs". The early chapters and certain later chapters are written to be accessible to a general audience. Chapters 1 through 17 introduce the foundations of decision analysis without requiring significant mathematical sophistication. Chapter 26 discusses multi-attribute decision problems…
Operations Research | Decision Analysis | Government/Law | Business/Industry | Decision Theory | Decision Psychology | Probability/Bayes | Economics/Finance | Energy/Engineering | Health/Medicine | Military/Defense | Global -
GuidelinesPublication 2014EPA Guidelines for Preparing Economic Analyses
The US Environmental Protection Agency (EPA) Guidelines for Preparing Economic Analyses provide a framework for …
The US Environmental Protection Agency (EPA) Guidelines for Preparing Economic Analyses provide a framework for assessing the impacts of environmental regulations and policies that has been extensively peer-reviewed and is widely-applied both within and outside of the agency. The Guidelines discuss: (1) statutory and executive order requirements for conducting economic analyses; (2) identifying the need for policy action; (3) regulatory and non-regulatory approaches to pollution control; (4) baseline definition; (5) discounting future benefits and costs;…
Benefit-Cost Analysis | Decision Analysis | Government/Law | Climate/Environment | Preferences/Values | Priority Setting/Ethics | Environmental Health | Policy/Regulation | North America | Critical Thinking/Analysis -
OrganizationWeb Portal 2024Society for Benefit-Cost Analysis
The Society for Benefit-Cost Analysis (SBCA), founded in 2007, works to improve the theory and …
The Society for Benefit-Cost Analysis (SBCA), founded in 2007, works to improve the theory and practice of benefit-cost analysis and support evidence-based policy decisions. It addresses policy areas including public health, transportation, criminal justice, education, energy, environmental quality, homeland security, and poverty. Members include scholars and practitioners from around the world, who work in government, academia, nonprofits and private industry. Its members represent numerous disciplines such as economics, law, engineering, public policy, decision science, and…
Benefit-Cost Analysis | Government/Law | Climate/Environment | Business/Industry | Preferences/Values | Priority Setting/Ethics | Costing Methods | Social Determinants | Environmental Health | Policy/Regulation | Economics/Finance | Energy/Engineering | Education/Labor | Food/Agriculture | Health/Medicine | Military/Defense | Science/Technology | Global | Critical Thinking/Analysis -
OrganizationWeb Portal 2024INFORMS
INFORMS is the leading international association for Operations Research & Analytics professionals. INFORMS publishes 16 …
INFORMS is the leading international association for Operations Research & Analytics professionals. INFORMS publishes 16 journals on topics ranging from decision analysis to management and marketing sciences and the INFORMS Resource Center offers information about O.R. and Analytics educational programs and material for students, faculty and others and offers a video library with on-demand access to key presentations from INFORMS meetings and conferences. They also offer a publication library bringing together recent publications across all of their…
Operations Research | Government/Law | Climate/Environment | Business/Industry | Energy/Engineering | Health/Medicine | Science/Technology | Global -
ReportPublication 2016Modeling to Inform Strategies to Improve Population Health
This workshop report summarizes a workshop convened by the Institute of Medicine to explore the potential …
This workshop report summarizes a workshop convened by the Institute of Medicine to explore the potential uses of simulation and other types of modeling for improving health. Participants worked to identify how modeling could inform population health decision making (selecting and refining potential strategies, ranging from interventions to investments) based on lessons learned from models that have been, or have not been, used successfully, opportunities and barriers to incorporating models into decision making, and data needs and…
Decision Analysis | Government/Law | Climate/Environment | Business/Industry | Mathematical Models | State-Transition | Microsimulation | Dynamic Simulation | Chronic Disease/Risk | Environmental Health | Health Systems | Policy/Regulation | Health/Medicine | North America -
ArticlePublication 2023Benefits and Costs of COVID-19 Vaccine Mandates
Written mid-pandemic, this article evaluates the direct costs and health benefits of requiring COVID-19 vaccinations …
Written mid-pandemic, this article evaluates the direct costs and health benefits of requiring COVID-19 vaccinations for U.S. federal employees and healthcare and private sector workers. These mandates were controversial and some were halted by litigation. If they had been implemented as intended, the net benefits would depend on the course of the pandemic. If a more transmissible variant (such as Omicron) emerges, the net benefits may be large. If the pandemic instead fades, the benefits…
Benefit-Cost Analysis | Government/Law | Business/Industry | Mathematical Models | State-Transition | Infectious Diseases | Policy/Regulation | Economics/Finance | Health/Medicine | North America