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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 | Preferences/Values | Priority Setting/Ethics | Environmental Health | Policy/Regulation | Climate/Environment | Government/Law | North America | Critical Thinking/Analysis -
GuidelinesPublication 2012Norwegian Cost-Benefit-Analysis Guidance
This document provides detailed guidance for conducting cost-benefit analysis of government programs in Norway. It …
This document provides detailed guidance for conducting cost-benefit analysis of government programs in Norway. It includes an overview of the main features of such analysis. It then describes several analytic components: distributional effects; real prices; social discount rates; lifespan, analysis period, and residual value; wider impacts of transportation projects; disasters and irreversible effects; carbon pricing; longevity and health valuation; and financial and administrative implications.
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Social Determinants | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | Europe | Critical Thinking/Analysis -
GuidelinesPublication 2018UK Green Book Appraisal Guidance
The Green Book is guidance issued by HM Treasury in the United Kingdom on how …
The Green Book is guidance issued by HM Treasury in the United Kingdom on how to appraise government policies, programs, and projects. It also provides guidance on monitoring and evaluating impacts after implementation. The Green Book introduces the analytic approaches and the policy framework, describes the generation of policy options, discusses the valuation of costs and benefits, and describes the presentation of the results. It also includes technical appendices that discuss nonmarket valuation, distributional analysis,…
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Social Determinants | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | Europe | Critical Thinking/Analysis -
ArticlePublication 2017Benefit-Cost Analysis in Global Health
This paper provides a brief introduction to the use of benefit-cost analysis in global health. …
This paper provides a brief introduction to the use of benefit-cost analysis in global health. It discusses the general framework and analytic components, then considers the valuation of changes in health and longevity in more detail. It concludes with a case study example.
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Health Systems | Health/Medicine | Global | Critical Thinking/Analysis -
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 | Preferences/Values | Priority Setting/Ethics | Social Determinants | Environmental Health | Policy/Regulation | Climate/Environment | Culture/Society | Economics/Finance | Government/Law | North America | Critical Thinking/Analysis -
ArticlePublication 2016Attention to Distribution in U.S. Regulatory Analysis
Before promulgating a major environmental, health, or safety regulation, U.S. government agencies are expected to …
Before promulgating a major environmental, health, or safety regulation, U.S. government agencies are expected to analyze the distribution of its impacts as well as its total costs and benefits. This article reviews several analyses to explore whether this expectation is being met. The authors find that agencies provide little information on distributional impacts. To the extent that these impacts are assessed, agencies often focus on the distribution of health effects and do not address the…
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Costing Methods | Social Determinants | Policy/Regulation | Climate/Environment | Health/Medicine | North America | Critical Thinking/Analysis -
ArticlePublication 2011Behavioral Economics and the Conduct of Benefit-Cost Analysis
Benefit-cost analysis is rooted in neoclassical welfare economics, which in its most simplified form assumes …
Benefit-cost analysis is rooted in neoclassical welfare economics, which in its most simplified form assumes that individuals act rationally and are primarily motivated by self-interest, making decisions that maximize their welfare. Behavioral economics explores the psychological aspects of decision-making and challenges some of these assumptions. This paper considers the implications of this behavioral research for predicting how individuals will respond to policy options and for valuing outcomes. The authors argue that benefit-cost analysis should focus…
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Social Determinants | Policy/Regulation | Climate/Environment | Health/Medicine | Global | Critical Thinking/Analysis -
BookPublication 2018Teaching Benefit-Cost Analysis
This book presents a series of a self-contained modules designed to be used in teaching …
This book presents a series of a self-contained modules designed to be used in teaching benefit-cost analysis, authored by a group of leading practitioners. It is intended to appeal to both undergraduate and graduate students as well as professionals interested in expanding their understanding of these issues. Each module consists of a short, accessible discussion of the topic; many include a list of additional resources as well as class exercises. Specific topics include overarching concepts…
Benefit-Cost Analysis | Decision Analysis | Preferences/Values | Priority Setting/Ethics | Social Determinants | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | Global | 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 | Preferences/Values | Priority Setting/Ethics | Costing Methods | Social Determinants | Environmental Health | Policy/Regulation | Business/Industry | Climate/Environment | Economics/Finance | Energy/Engineering | Education/Labor | Food/Agriculture | Government/Law | Health/Medicine | Military/Defense | Science/Technology | Global | Critical Thinking/Analysis -
Working PaperPublication 2024Economic Evaluation Primer
Economic evaluation is a powerful tool, encouraging the systematic collection and assessment of the evidence …
Economic evaluation is a powerful tool, encouraging the systematic collection and assessment of the evidence needed to support sound policy decisions. In low- and middle-income countries, where resources are especially scarce and needs are very great, such decisions are exceptionally difficult. In these settings, economic evaluation can be particularly useful in determining how to best improve health and welfare. Typically, cost-effectiveness analysis (CEA) is used to prioritize interventions within the health care sector. This approach…
Benefit-Cost Analysis | Cost-Effectiveness Analysis | Priority Setting/Ethics | Costing Methods | Health Outcomes | Policy/Regulation | Global
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