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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.
Priority Setting/Ethics | Preferences/Values | Benefit-Cost Analysis | Decision Analysis | Global | Health Systems | Health/Medicine | 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…
Priority Setting/Ethics | Preferences/Values | Benefit-Cost Analysis | Decision Analysis | Global | Social Determinants | Policy/Regulation | Climate/Environment | Health/Medicine | 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…
Priority Setting/Ethics | Preferences/Values | Benefit-Cost Analysis | Decision Analysis | Global | Social Determinants | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | 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…
Priority Setting/Ethics | Preferences/Values | Benefit-Cost Analysis | Global | 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 | 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…
Priority Setting/Ethics | Benefit-Cost Analysis | Cost-Effectiveness Analysis | Global | Costing Methods | Health Outcomes | Policy/Regulation