The Value of Information, 2012
Methodological Frontiers and New Applications in Environment and Health

Coordinators: Laxminarayan Ramanan, Macauley Molly K.

Language: English

Approximative price 116.04 €

In Print (Delivery period: 15 days).

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The Value of Information
Publication date:
304 p. · 15.5x23.5 cm · Paperback

Approximative price 105.49 €

In Print (Delivery period: 15 days).

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The value of information: Methodological frontiers and new applications in environment and health
Publication date:
304 p. · 15.5x23.5 cm · Paperback
The book examines applications in two disparate fields linked by the importance of valuing information: public health and space. Researchers in the health field have developed some of the most innovative methodologies for valuing information, used to help determine, for example, the value of diagnostics in informing patient treatment decisions. In the field of space, recent applications of value-of-information methods are critical for informing decisions on investment in satellites that collect data about air quality, fresh water supplies, climate and other natural and environmental resources affecting global health and quality of life.

Introduction

 

1. The Value of Information in Index Insurance for Farmers in Africa

Commentary

 

2. The Value of Information in a Risk Management Approach to Climate Change

Commentary

 

3. Understanding the Value of Business Information

Commentary

 

4. Valuing the Potential Impacts of GEOSS: A Systems Dynamics Approach

Commentary

 

5. The Informative Role of Advertising and Experience in Dynamic Brand Choice: An Application to the Ready-To-Eat Cereal Market

Commentary

 

6. The Effect of Public and Private Quality Information on Consumer Choice in Health Care Markets

Commentary

 

7. Adoption of Over-The-Counter Malaria Diagnostics in Africa: The Role of Subsidies, Beliefs, Externalities, and Competition

Commentary

 

8. The Value of Determining Global Land Cover for Assessing Climate Change Mitigation Options

Commentary

 

9. Space Imaging and Prevention of Infectious Disease: Rift Valley Fever

Commentary

 

10. Estimating the Benefits of Land Imagery in Environmental Applications: A Case Study in Nonpoint Source Pollution of Groundwater

Commentary

 

Index

 

Index

Surveys state-of-the-art methodology, investigating how information is valued across multiple spectrums

Presents in-depth case examples which range from assessing the value of rapid diagnosis tests in preventing unnecessary use of anti-malarial drugs to the valuation of information associated with climate change catastrophe

Illustrates five methodological approaches to valuation: Price- and cost-based derivation; Bayesian belief network; Regulatory cost-effectiveness; Econometric modeling and estimation; and Simulation modeling and estimation