Environmental Economics

Economic Assessment of the Impacts of Cataracts

This report provides economic estimates of the damage to affected individuals and society for new cases of cataracts. Among other effects, ultraviolet radiation my contribute to the increased incidence of cataracts. The report focuses on the damage of actually incurring cataracts, as opposed to the value to individuals of preventing increased risks of incurring cataracts in the future. Two economic measures of cataracts are examined. The cost of illness measure covering medical and work loss impacts and the willingness to pay measure covering cost of illness impacts plus all other impacts to the affected individual. Cost of illness estimates were obtained from literature, health care providers and a survey of 66 cataract patients. A framework is developed to calculate the present value of potential future changes in the incidence of cataracts.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Stated Preference
    1. Benefits Analysis - Valuation - Stated Preference - Contingent Valuation
    1. Benefits Analysis - Valuation - Cost of Damages Avoided
    1. Benefits Analysis - Valuation - Cost of Damages Avoided - Morbidity
    Environmental Media:
    a. Air
    a. Air - Stratospheric
    Authors:
    Rowe, Robert D.
    Neithercut, Tina N.
    Schulze, William D.
    EPA Project Officer/ Manager:
    Carlin, Alan
    Geographic Area:
    Colorado, Denver, United States
    Study Purpose:
    Empirical Application, Data Development
    Inventory Record #: EE-0404
  • Participating Organizations

    Research Organization:

    Colorado, University of, and Energy and Resource ConsultantsAddress:
    City: Boulder State: CO ZIP: 80306
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection AgencyAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    03/01/1987
    Number of Pages:
    132
    Comment:
    Grant/Contract #:
    CR813686
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    Date Linked: 05/28/2009