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Formulation of Appropriate Laws : A New Integrated Multidisciplinary Approach and an Application to Electronic Funds Transfer Regulation
This book presents such an approach using the Electronic Funds Transfer (EFT) regulation in Australia as its vehicle of analysis. The two-pronged approach offered in this book can be applied to formulate efficient laws that maximise the social welfare of the country, irrespective of social, political and economic organisations of the country under study. As such, this book makes several distinct contributions to the literature in law as it: . develops a new integrated multi-disciplinary approach using quantitative methods to formulate appropriate laws; . applies recent developments in welfare economics.
EQ-5D value sets
For various reasons, cost benefit analysis is usually rejected in favour of cost-effectiveness or cost-utility analyses, often involving the estimation of the incremental cost per Quality Adjusted Life Year (QALY) gained (Drummond et al, 2005). The estimation of QALYs gained requires valuations for all relevant health states on a scale anchored at 1 = Full health and 0 = Dead. The EQ-5D is widely used in this context and a number of value sets are available for all the health states generated by the EQ-5D descriptive system. These can be readily applied to health outcomes measured as EQ-5D profiles. EQ-5D has become one of the valuation approaches recommended by several reimbursement authorities and academic bodies in European countries
Environmental Value Transfer : Issues and Methods
The transfer of environmental values in time and space has increased rapidly with the widespread use of cost benefit analysis in project evaluation and regulatory assessments over the last three decades. The purpose of this volume is to take a snapshot of the research that is ongoing in the area of value transfer (benefit transfer). It includes papers by some of the most influential authors in the area, and covers the latest developments in the field. It will be useful for academics conducting research in this area and for practitioners in government agencies and ministries, as well as consulting firms.
Design Added Value : How Design Increases Value for Architects and Engineers
Enables architects, engineers, contractors and owner-clients of buildings to benefit from extraordinary design and construction features. It explains the rationale and motivation for D-AV methodology, outlines and illustrates this methodology with examples, provides complete and detailed examples of how the key analysis techniques work through historical case studies, and describes specific methods used in application of the D-AV methodology, such as Bayesian statistics, cost benefit analysis, pairwise comparison techniques, cognitive walkthroughs, and optimization.
