Sadly no, although many EA-style shallow dives use a similar approach. The target audience for this is people like industrial hygienists or nurse managers who want to do an analysis of an operational change. I posted this because a couple people at a recent conference asked me for a guide like this and there was nothing like it available.
Also, do you have any recommendations for estimating the disvalue of a policy that curtails people’s freedom (eg. by increasing the price of a good they value)?
There are standard approaches for valuing the loss of consumer surplus from price changes. Traditionally, moving money from one entity to another is just a transfer, not a cost, but there is a deadweight loss associated with price changes, and we measure that as a cost. But you have to have an estimate for how many trades will not happen as a result of the price change.
There are no existing metrics for valuing loss of freedom in DALY terms. You’d basically have to do a proper survey, using similar methodology to the one that generates the DALY losses of various health states.
Interesting! Can you link to any (reasonably simple) example CEAs where this process is applied?
Sadly no, although many EA-style shallow dives use a similar approach. The target audience for this is people like industrial hygienists or nurse managers who want to do an analysis of an operational change. I posted this because a couple people at a recent conference asked me for a guide like this and there was nothing like it available.
Also, do you have any recommendations for estimating the disvalue of a policy that curtails people’s freedom (eg. by increasing the price of a good they value)?
There are standard approaches for valuing the loss of consumer surplus from price changes. Traditionally, moving money from one entity to another is just a transfer, not a cost, but there is a deadweight loss associated with price changes, and we measure that as a cost. But you have to have an estimate for how many trades will not happen as a result of the price change.
There are no existing metrics for valuing loss of freedom in DALY terms. You’d basically have to do a proper survey, using similar methodology to the one that generates the DALY losses of various health states.
Thank you!