Discovery Projects - Grant ID: DP0345684

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0345684

Funding Status
Closed

Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the .

Funded Activity Summary

Development of a Value of Life Framework to Assist Priority Setting Decision Making Across Sectors. The techniques used to evaluate life-saving interventions differ between health and other sectors. In health cost-effectiveness or cost-utility anlaysis is common, avoiding specification of a value for life. In contrast the transport and environment sectors use cost-benefit analysis and value life in monetary terms. This duality of approaches has resulted in a lower implicit value of life in the health sector. The research will explore these differences and attempt to identify key attributes that influence how life is valued, to provide a framework for a single approach to the valuation of life, and the more efficient allocation of resources cross-sectorally.

Funded Activity Details

Start Date: 03-01-2003

End Date: 31-12-2006

Funding Scheme: Discovery Projects

Funding Amount: $193,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Health Economics | Applied Economics | Environment And Resource Economics | Transport Economics

ANZSRC Socio-Economic Objective (SEO)

Microeconomic issues not elsewhere classified | Health policy economic outcomes | Health policy evaluation |

Other Keywords

Applied Economics | Environment And Resource Economics | Health Economics | Health policy economic outcomes | Health policy evaluation | Microeconomic issues not elsewhere classified | Transport Economics

Related Links