Download or read book The Mortality Costs of Regulatory Expenditures written by W. Kip Viscusi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulations to promote health and safety may be costly relative to the expected health and safety benefits, and may actually have negative effects on health and safety. These negative effects, or costs, may be due to reduced private spending on health and safety, moral hazard, or the creation of new risks. This volume considers the use of costs--benefit analysis, risk--risk analysis, and health--health analysis to determine the mortality cost associated with regulatory expenditures.
Download or read book The Mortality Costs of Regulatory Expenditures written by W. Kip Viscusi and published by . This book was released on 1994-05-31 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Mortality Costs of Regulatory Expenditures written by W. Kip Viscusi and published by Springer Science & Business Media. This book was released on 1994-05-31 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulations to promote health and safety may be costly relative to the expected health and safety benefits, and may actually have negative effects on health and safety. These negative effects, or costs, may be due to reduced private spending on health and safety, moral hazard, or the creation of new risks. This volume considers the use of costs--benefit analysis, risk--risk analysis, and health--health analysis to determine the mortality cost associated with regulatory expenditures.
Download or read book Do Federal Regulations Reduce Mortality written by Robert W. Hahn and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A minimal test of the desirability of regulations is that they further their primary objectives. In some cases, regulations designed to reduce health, safety, and environmental risks can actually increase risk, especially when such regulations lead to significant reductions in private expenditures on life-saving investments. This monograph assesses the mortality implications of the costs of a group of twenty-four federal health, safety, and environmental regulations. We find that an unintended increase in risk is likely to result from the majority of regulations examined here. A more positive result is that aggregate mortality risk falls for the entire set of regulations, primarily because a few regulations yield large reductions in risk. We believe that such analysis can help to highlight the potential problems with inefficient regulation and can serve as a useful complement to other forms of analysis, such as benefit-cost analysis. Specifically, we believe that an assessment of the mortality implications of regulatory costs can and should be used to help identify those regulations whose primary purpose is to save lives but that may have the unintended consequence of actually increasing mortality. In such perverse cases, Congress and the regulatory agencies should seriously consider alternatives that would yield higher levels of economic welfare and save more lives.
Download or read book Death by Regulation written by James Broughel and published by . This book was released on 2017 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates the cost-per-life-saved cutoff, which is a cost-effectiveness threshold for life- saving regulations, whereby regulations costing more per life saved than this threshold level are expected to increase mortality risk on net. Two competing methods of deriving the cutoff exist: a direct approach based on empirical observation and an indirect approach grounded in economic theory. Both methods build from the assumption that changes in income lead to changes in mortality risk. The likely mechanisms driving this relationship are discussed, with support from recent empirical studies. The indirect approach is preferable in that it avoids the problems of endogeneity of health status and income found with the direct approach. The cost-per-life-saved cutoff value at which regulations increase mortality risk is estimated to have a lower bound value of $75.4 million and an upper bound value of $123.2 million, with a midpoint value of $99.3 million. This cutoff value range is compared with cost-effectiveness estimates for a series of recent policies, including several state expansions of the Medicaid public insurance program in the first few years of the 21st century, an early version of the “travel ban” executive order that restricted refugee admissions into the United States, and nine recent air pollution regulations from the Environmental Protection Agency. The paper concludes that the mortality risk test is an important and underutilized tool in the policy analyst's toolkit, both as an overall test of regulatory efficacy and as an integral component of calculations of net risk effects of policies.
Download or read book The Cost benefit State written by Cass R. Sunstein and published by American Bar Association. This book was released on 2002 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the current topic of Federal Government regulations increasingly assessed by asking whether the benefits of the regulation justifies the cost of the regulation.
Download or read book Do Federal Regulations Reduce Mortality written by Robert William Hahn and published by American Enterprise Institute. This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fasttrack Management and Organizational Behavior by James S. Sagner, PhD Published by Fasttrack Textbooks Why do we need another book on management and organizational behavior? There are many good texts on these topics that are available for classroom use, but an instructor must explain and update most of the content. Here are eight reasons that Fasttrack Management and Organizational Behavior is different from other textbooks. 1.The author. Nearly all books that deal with management are written by academics. The few exceptions deal with the mechanics of personnel management such as hiring practices or how to create a successful management-by-objectives program. While Dr. Sagner does teach MBA students, much of his career was as a bank vice-president (at the First National Bank of Chicago, now JPMorgan Chase). What managers do each day varies significantly from what most textbooks say they do. 2.The writing. Much of what you'll find in other books is padding. In some texts you'll find endless discussions, numerous references to practices in companies so obscure that no one has ever heard of them, detours into topics not specifically related to management and organization behavior, and other material that adds words but not much real content. Students today are busy and do not have the time or the focus to wade throughout 150,000 words. This book (and others planned for this series) is about 75,000 comprised mostly one, two or three syllable words, roughly half of the usual length. 3.The timeliness of coverage. This book addresses current topics (Obamacare, the effect of the recession on management, global differences in management style, the increasing relevance of control in managing organizations, disappearing human resources departments, contingent workers, interpersonal dynamics and managing in a time of change). Some of these issues did not even exist until recently, and many are not mentioned in other management texts. 4.The integration of cases with the text. The ten cases written to be used in conjunction with this text address such varied management concerns as change management, controlling, decision-making, directing, group dynamics, individual motivation, leadership, individual decision-making, personnel/human resources and planning. Instructors will have access to suggested solutions through our website. In addition, some short cases are included within the text material. 5.The breath of business coverage. Management does not occur in a vacuum. The work of the manager touches every business discipline, and to ignore these relationships is simply not realistic. As appropriate, reference is made to accounting, finance, marketing, law and manufacturing, all of which affect the success or failure of the organization. 6.The use of "helps" to support the student. Every chapter begins with a lead-in of major topics to be covered. Within the chapter, icons tell the reader whether the content level is basic or advanced, and the chapters end with important issues that should be addressed to bring modern management and organizational behavior concepts to an organization as well as review and discussion questions. 7.Instructor support. Our website provides access to useful teaching aids: test banks of multiple choice and short essay questions and answers, PowerPoint slides for each chapter, teaching ideas for the classroom and illustrative syllabi. Sample PowerPoints and teaching ideas can be accessed through the website sub-menus. In addition, Fasttrack Textbooks will respond to any requests for additional material, for clarification or for other support. 8.A standardized series of business texts. Over the next few years, texts will be prepared in exactly the same style for accounting, finance, international business and other important "core" courses. This will make learning easier for many students, particularly for those for whom English is not the native language.
Download or read book Economics of Regulation and Antitrust fifth edition written by W. Kip Viscusi and published by MIT Press. This book was released on 2018-08-14 with total page 1001 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thoroughly revised and updated edition of the leading textbook on government and business policy, presenting the key principles underlying sound regulatory and antitrust policy. Regulation and antitrust are key elements of government policy. This new edition of the leading textbook on government and business policy explains how the latest theoretical and empirical economic tools can be employed to analyze pressing regulatory and antitrust issues. The book departs from the common emphasis on institutions, focusing instead on the relevant underlying economic issues, using state-of-the-art analysis to assess the appropriate design of regulatory and antitrust policy. Extensive case studies illustrate fundamental principles and provide insight on key issues in regulation and antitrust policy. This fifth edition has been thoroughly revised and updated, reflecting both the latest developments in economic analysis and recent economic events. The text examines regulatory practices through the end of the Obama and beginning of the Trump administrations. New material includes coverage of global competition and the activities of the European Commission; recent mergers, including Comcast-NBC Universal; antitrust in the new economy, including investigations into Microsoft and Google; the financial crisis of 2007–2008 and the Dodd-Frank Act; the FDA approval process; climate change policies; and behavioral economics as a tool for designing regulatory strategies.
Download or read book Approaching Death written by Committee on Care at the End of Life and published by National Academies Press. This book was released on 1997-10-30 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the end of life makes its inevitable appearance, people should be able to expect reliable, humane, and effective caregiving. Yet too many dying people suffer unnecessarily. While an "overtreated" dying is feared, untreated pain or emotional abandonment are equally frightening. Approaching Death reflects a wide-ranging effort to understand what we know about care at the end of life, what we have yet to learn, and what we know but do not adequately apply. It seeks to build understanding of what constitutes good care for the dying and offers recommendations to decisionmakers that address specific barriers to achieving good care. This volume offers a profile of when, where, and how Americans die. It examines the dimensions of caring at the end of life: Determining diagnosis and prognosis and communicating these to patient and family. Establishing clinical and personal goals. Matching physical, psychological, spiritual, and practical care strategies to the patient's values and circumstances. Approaching Death considers the dying experience in hospitals, nursing homes, and other settings and the role of interdisciplinary teams and managed care. It offers perspectives on quality measurement and improvement, the role of practice guidelines, cost concerns, and legal issues such as assisted suicide. The book proposes how health professionals can become better prepared to care well for those who are dying and to understand that these are not patients for whom "nothing can be done."
Download or read book Regulation written by Jerry Brito and published by Mercatus Center at George Mason University. This book was released on 2012-08-13 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal regulations affect nearly every area of our lives and interest in them is increasing. However, many people have no idea how regulations are developed or how they have an impact on our lives. Regulation: A Primer by Susan Dudley and Jerry Brito provides an accessible overview of regulatory theory, analysis, and practice. The Primer examines the constitutional underpinnings of federal regulation and discusses who writes and enforces regulation and how they do it. Published by the Mercatus Center at George Mason University, it also provides insights into the different varieties of regulation and how to analyze whether a regulatory proposal makes citizens better or worse off. Each chapter discusses key aspects of regulation and provides further readings for those interested in exploring these topics in more detail.
Download or read book Benefit cost Analysis in Environmental Health and Safety Regulation written by Kenneth Joseph Arrow and published by A E I Press. This book was released on 1996 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This primer highlights both the strengths and the limitations of benefit-cost analysis in the development, design, and implementation of regulatory reform.
Download or read book Use of Cost benefit Analysis by Regulatory Agencies written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 1980 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pricing Lives written by W. Kip Viscusi and published by Princeton University Press. This book was released on 2020-10-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How society’s undervaluing of life puts all of us at risk—and the groundbreaking economic measure that can fix it Like it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL—and persuasively shows how its more widespread use could create a safer and more equitable society for everyone. In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is $10 million. In this book, Viscusi provides a comprehensive look at all aspects of economic and policy efforts to price lives, including controversial topics such as whether older people's lives are worth less and richer people's lives are worth more. He explains why corporations need to abandon the misguided cost-of-death approach, how the courts can profit from increased application of VSL in assessing liability and setting damages, and how other countries consistently undervalue risks to life. Pricing Lives proposes sensible economic guideposts to foster more protective policies and greater levels of safety in the United States and throughout the world.
Download or read book Michigan Law Review written by and published by . This book was released on 2002 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Medical and Dental Expenses written by and published by . This book was released on 1997 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book To Err Is Human written by Institute of Medicine and published by National Academies Press. This book was released on 2000-03-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts estimate that as many as 98,000 people die in any given year from medical errors that occur in hospitals. That's more than die from motor vehicle accidents, breast cancer, or AIDSâ€"three causes that receive far more public attention. Indeed, more people die annually from medication errors than from workplace injuries. Add the financial cost to the human tragedy, and medical error easily rises to the top ranks of urgent, widespread public problems. To Err Is Human breaks the silence that has surrounded medical errors and their consequenceâ€"but not by pointing fingers at caring health care professionals who make honest mistakes. After all, to err is human. Instead, this book sets forth a national agendaâ€"with state and local implicationsâ€"for reducing medical errors and improving patient safety through the design of a safer health system. This volume reveals the often startling statistics of medical error and the disparity between the incidence of error and public perception of it, given many patients' expectations that the medical profession always performs perfectly. A careful examination is made of how the surrounding forces of legislation, regulation, and market activity influence the quality of care provided by health care organizations and then looks at their handling of medical mistakes. Using a detailed case study, the book reviews the current understanding of why these mistakes happen. A key theme is that legitimate liability concerns discourage reporting of errorsâ€"which begs the question, "How can we learn from our mistakes?" Balancing regulatory versus market-based initiatives and public versus private efforts, the Institute of Medicine presents wide-ranging recommendations for improving patient safety, in the areas of leadership, improved data collection and analysis, and development of effective systems at the level of direct patient care. To Err Is Human asserts that the problem is not bad people in health careâ€"it is that good people are working in bad systems that need to be made safer. Comprehensive and straightforward, this book offers a clear prescription for raising the level of patient safety in American health care. It also explains how patients themselves can influence the quality of care that they receive once they check into the hospital. This book will be vitally important to federal, state, and local health policy makers and regulators, health professional licensing officials, hospital administrators, medical educators and students, health caregivers, health journalists, patient advocatesâ€"as well as patients themselves. First in a series of publications from the Quality of Health Care in America, a project initiated by the Institute of Medicine
Download or read book Regulatory Program of the United States Government written by United States. Office of Management and Budget and published by . This book was released on with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
