Dying Too Soon: How Cost-Effectiveness Analysis Can Save Lives

Policy Reports | Health

No. 204
Saturday, June 01, 1996
by Tammy O. Tengs


  1. Further, costs should not be confused with prices which, due to imperfections in the economy, may or may not reflect the actual value of the resources consumed.
  2. This report also takes the "societal" perspective and thus does not differentiate between public expenditures and private, voluntary spending.
  3. T. O. Tengs et al., "Five Hundred Life-Saving Interventions and Their Cost-Effectiveness," Risk Analysis, vol. 15, no. 3, June 1995, pp. 369-90.
  4. T. O. Tengs and J. D. Graham, "The Opportunity Costs of Haphazard Societal Investments in Life-Saving," in R. Hahn, ed., Risks, Costs, and Lives Saved: Getting Better Results from Regulation (New York: Oxford University Press, 1996).
  5. W. K. Viscusi, "The Value of Risks to Life and Health," Journal of Economic Literature, vol. 31, 1993, pp. 1912-46.

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