The Economic Value Of The Quality Of Life PDF Download
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Author: Thomas M. Power
Publisher: Routledge
ISBN: 1000244288
Category : Social Science
Languages : en
Pages : 161
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Book Description
This book grew out of research funded by the Montana Department of Labor and Industry. This study will argue that the distinction between "economic values" and "social values" such as the "quality of life" is a misleading and dangerous distinction. There is nothing especially ethereal or spiritual or "noneconomic" about the quality of life (QOL). Similarly there is nothing especially "material", practical" or "economic" about job opportunities or money prices
Author: Thomas M. Power
Publisher: Routledge
ISBN: 1000244288
Category : Social Science
Languages : en
Pages : 161
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Book Description
This book grew out of research funded by the Montana Department of Labor and Industry. This study will argue that the distinction between "economic values" and "social values" such as the "quality of life" is a misleading and dangerous distinction. There is nothing especially ethereal or spiritual or "noneconomic" about the quality of life (QOL). Similarly there is nothing especially "material", practical" or "economic" about job opportunities or money prices
Author: Jordan Rappaport
Publisher:
ISBN: 9781437934564
Category :
Languages : en
Pages : 38
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Book Description
The U.S. population has been migrating to places with high perceived quality of life (QL). With homothetic preferences, such migration can follow from the increased demand for amenities that accompanies broad-based technological progress. Under the baseline calibration of a general equilibrium model, a place with amenities for which individuals would initially pay 5% of their income grows slightly faster than an otherwise identical place. As QL becomes more important in determining relative population density, productivity independently becomes less important. Asymptotically, local amenities are the sole determinant of relative density. High QL together with low relative productivity can boost metro. population growth by several percentage points.
Author: George Tolley
Publisher: University of Chicago Press
ISBN: 9780226807133
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
How stringent should environmental and occupational safety regulations be? How far should Medicaid support go? Should funding for research on Alzheimer's disease be increased? Should more money be spent on programs to discourage smoking? What are appropriate ways to determine damages in wrongful injury or death suits? Toward answering such questions, this volume examines various models of health valuation, including the cost-of-illness, preventive-expenditures, and quality-adjusted-life-year approaches. The authors favor a willingness-to-pay approach grounded in individual preferences.
Author: Frank Ackerman
Publisher: Island Press
ISBN: 9781559635608
Category : Business & Economics
Languages : en
Pages : 472
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Book Description
What are the ends of economic activity? According to neoclassical theory, efficient interaction of the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that issue, considering such questions as: Does the maximization of individual welfare really lead to social welfare? How can we deal with questions of relative welfare and of equity? How do we define, or at least understand, individual and social welfare? And how can these things be measured, or even assessed? Human Well-Being and Economic Goals brings together more than 75 concise summaries of the most significant literature in the field that consider issues of present and future individual and social welfare, national development, consumption, and equity. Like its predecessors in the Frontier Issues in Economic Thought series, it takes a multidisciplinary approach to economic concerns, examining their sociological, philosophical, and psychological aspects and implications as well as their economic underpinnings. Human Well-Being and Economic Goals provides a powerful introduction to the current and historical writings that examine the concept of human well-being in ways that can help us to set goals for economic activity and judge its success. It is a valuable summary and overview for students, economists, and social scientists concerned with these issues.
Author: John Brazier
Publisher: Oxford University Press
ISBN: 0198725922
Category : Business & Economics
Languages : en
Pages : 373
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Book Description
There are not enough resources in health care systems around the world to fund all technically feasible and potentially beneficial health care interventions. Difficult choices have to be made, and economic evaluation offers a systematic and transparent process for informing such choices. A key component of economic evaluation is how to value the benefits of health care in a way that permits comparison between health care interventions, such as through costs per quality-adjusted life years (QALY). Measuring and Valuing Health Benefits for Economic Evaluation examines the measurement and valuation of health benefits, reviews the explosion of theoretical and empirical work in the field, and explores an area of research that continues to be a major source of debate. It addresses the key questions in the field including: the definition of health, the techniques of valuation, who should provide the values, techniques for modelling health state values, the appropriateness of tools in children and vulnerable groups, cross cultural issues, and the problem of choosing the right instrument. This new edition contains updated empirical examples and practical applications, which help to clarify the readers understanding of real world contexts. It features a glossary containing the common terms used by practitioners, and has been updated to cover new measures of health and wellbeing, such as ICECAP, ASCOT and AQOL. It takes into account new research into the social weighting of a QALY, the rising use of ordinal valuation techniques, use of the internet to collect data, and the use of health state utility values in cost effectiveness models. This is an ideal resource for anyone wishing to gain a specialised understanding of health benefit measurement in economic evaluation, especially those working in the fields of health economics, public sector economics, pharmacoeconomics, health services research, public health, and quality of life research.
Author: Eduardo Lora
Publisher: World Bank Publications
ISBN: 0821382136
Category : Social Science
Languages : en
Pages : 296
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Book Description
A growing number of cities around the world have established systems for monitoring the quality of urban life. Many of those systems combine objective information with subjective opinions and cover a wide variety of topics. This book assesses a method that takes advantage of both types of information and offers criteria to identify and rank the issues of potential importance for urban dwellers. This method which combines the so-called 'hedonic price' and 'life satisfaction' approaches to value public goods was tested in pilot studies in six Latin American cities: Bogot , Buenos Aires, Lima, Medell n, Montevideo, and San Jos of Costa Rica. It provides valuable insights to address key questions such as, Which urban problems have the greatest impact on people s opinions of city management and the most widespread effects on their lives? Do gaps between perception and reality vary from one area of the city to another, especially between high- and low-income neighborhoods? Where can homebuilders most feasibly seek solutions to problems such as inadequate road infrastructure, a lack of recreational areas, or poor safety conditions? Which problems should government authorities address first, in light of their impact on the well-being of various groups of individuals and given private actors abilities to respond? Which homeowners benefit the most from public infrastructure or services? When can or should property taxes be used to finance the provision of certain services or the solution of certain problems? 'The Quality of Life in Latin American Cities: Markets and Perception' proposes a monitoring system that is easy to operate and that entails reasonable costs but also has a solid conceptual basis. Long the ideal of many scholars and practitioners, such a system may soon become a reality and have the potential to make a significant contribution to the decision-making processes in any city concerned with the well-being of its residents.
Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309133203
Category : Medical
Languages : en
Pages : 212
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Book Description
Hidden Cost, Value Lost, the fifth of a series of six books on the consequences of uninsurance in the United States, illustrates some of the economic and social losses to the country of maintaining so many people without health insurance. The book explores the potential economic and societal benefits that could be realized if everyone had health insurance on a continuous basis, as people over age 65 currently do with Medicare. Hidden Costs, Value Lost concludes that the estimated benefits across society in health years of life gained by providing the uninsured with the kind and amount of health services that the insured use, are likely greater than the additional social costs of doing so. The potential economic value to be gained in better health outcomes from uninterrupted coverage for all Americans is estimated to be between $65 and $130 billion each year.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264728449
Category :
Languages : en
Pages : 247
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Book Description
How’s Life? charts whether life is getting better for people in 37 OECD countries and 4 partner countries. This fifth edition presents the latest evidence from an updated set of over 80 indicators, covering current well-being outcomes, inequalities, and resources for future well-being.
Author: Gene Sperling
Publisher: Penguin
ISBN: 1984879898
Category : Political Science
Languages : en
Pages : 385
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Book Description
“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.
Author:
Publisher:
ISBN:
Category : Wilderness areas
Languages : en
Pages : 358
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Book Description
