Deadline for Registration – Exec. Ed. Online: Benefit-Cost Analysis: Valuing Life and Health
September 13th
Program runs: September 16-20, 2024
Deadline to register: September 13, 2024 at 12pm ET
Benefit-cost analysis is a well-established and widely used approach for systematically assessing policy impacts and informing decisions. It is a required component of the policy development process followed by many government agencies and organizations around the world.
Benefit-cost analysis plays an important role in highlighting key trade-offs and informing policy decisions. It explicitly recognizes that resources are constrained and that deciding how to best allocate these resources is extremely difficult, especially given the many problems that need to be addressed. Successfully applying this framework and interpreting the results requires understanding the underlying assumptions and generally accepted practices, including their advantages and limitations. The approach used to value mortality risk reductions, commonly referred to as the value per statistical life (VSL), is also widely misinterpreted. Appropriately conducting benefit-cost analysis and understanding the implications is essential to promote evidence-based decisions in the face of numerous crucial policy challenges.
In this online program, Lisa A. Robinson, a leading Harvard expert on benefit-cost analysis, will aid you in understanding the basic analytic framework and its application globally. You will learn about methods for valuing changes in health and longevity, including those relevant to cost benefit analysis in healthcare, and the estimates recommended for use in high-, middle-, and low-income settings. She will be accompanied by experts who will illustrate the application of these methods in several policy areas. Through interactive presentations, case studies, extensive discussion, and optional office hours, you will develop a deeper understanding of these approaches and their application.
You will leave this program understanding the advantages and limitations of benefit-cost analysis, as well as improving your ability to evaluate, interpret, and use the results.
