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Rethinking benefit-cost analysis for COVID-19. 03/08/2020

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Article

Adler, Matthew D.

The Regulatory Review

2020

1-4

epidemic disease ; cost benefit analysis ; disease control ; social control ; statistical method

Statistics

https://www.theregreview.org/2020/08/03/adler-rethinking-benefit-cost-analysis-covid-19/

English

"The value of statistical life (VSL) is the keystone of benefit-cost analysis (BCA) applied to fatality risks. Federal agencies, which are required to conduct a BCA before issuing regulations, value the risk-reduction benefits of those regulations using VSL. VSL has also become a centerpiece of the rapidly emerging literature on social distancing policy to mitigate COVID-19."

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