Description
The Value of Information, 2012
Methodological Frontiers and New Applications in Environment and Health
Coordinators: Laxminarayan Ramanan, Macauley Molly K.
Language: EnglishSubject for The Value of Information:
Keywords
GEOSS; policy Decisions; risk Management; uncertainty; value of Information
Publication date: 09-2014
304 p. · 15.5x23.5 cm · Paperback
Publication date: 08-2012
304 p. · 15.5x23.5 cm · Paperback
Description
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/li>Comment
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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