Assigning Values to Life: Comparing Methods for Valuing Health Risks - Paperback

by Departm Economic Research Service (Ers) (Created by)

An examination of five approaches economists and health policy analysts have developed for evaluating policy affecting health and safety: cost-of-illness, willingness-to-pay, cost-effectiveness analysis, risk-risk analysis, and health-health analysis. Also examines the theoretical basis and empirical application of each approach and investigates the influence that assumptions embedded in each approach have on policy guidance.