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Working Paper: Valuing Health for Regulatory Cost-Effectiveness Analysis

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Promoting human health and safety by reducing exposures to risks and harms through regulatory interventions is among the most important responsibilities of the government. Such efforts encompass a wide array of activities in many different contexts: improving air and water quality; safeguarding the food supply; reducing the risk of injury on the job, in transportation, and from consumer products; and minimizing exposure to toxic chemicals. Estimating the magnitude of the expected health and longevity benefits and reductions in mortality, morbidity, and injury risks helps policy makers decide whether particular interventions merit the expected costs associated with achieving these benefits and inform their choices among alternative strategies. Valuing Health for Regulatory Cost-Effectiveness Analysis provides useful recommendations for how to measure health-related quality of-life impacts for diverse public health, safety, and environmental regulations.

Keywords
Subject:
1. Benefits Analysis
2. Cost-Benefit and Cost Effectiveness Analysis
1. Benefits Analysis - Valuation
2. Cost-Benefit and Cost Effectiveness Analysis - Methodology
Media:
Multimedia

Paper Information
Author(s):
Wilhelmine Miller; Lisa A. Robinson; Robert S. Lawrence
Institution Issuing Paper:
National Academy of Sciences, Institute of Medicine
Status:
Final version working paper
Institution Funding Paper:
U.S. Office of Management and Budget, U.S. Environmental Protection Agency, and other agencies
Primary Content:
Empirical
Paper Date:
02/01/2006
Reference URL:
HTML or PDF Exit EPA Disclaimer
Pages:
308

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