June 2016
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Recommendations of the Second Panel on Cost-Effectiveness in Health and Medicine

Save the date for a one-day conference highlighting the panel's findings and recommendations. 

December 7, 2016
National Academy of Sciences
2101 Constitution Ave. NW
Washington, DC

Receive more information and updates

Job Postings on SBCA Website

As a reminder, SBCA accepts benefit-cost related job announcements and funding opportunities to share on our website's Career Listings page. 

To suggest a listing, please email the following to sbcainfo@uw.edu:
  • Job title, employer name, and employer location or funding opportunity and name of funding organization
  • Application deadline
  • Brief description (500 characters or less, including spaces)
  • Link to website or contact for more information

Thank you to our 2016 Organizational Affiliates

  • Exxon Mobil*
  • The Brattle Group
  • Eastern Research Group
  • Econometrica, Inc.*
  • George Washington University Regulatory Studies Center*
  • Industrial Economics, Incorporated*
  • Mathematica Policy Research*
  • NERA Economic Consulting*
  • Trachtenberg School of Public Policy and Public Adminstration, George Washington University
* Charter affiliates

  • Environment and Climate Change Canada
  • Evans School of Public Policy and Governance, University of Washington
  • Fisheries and Oceans Canada
  • Frank Batten School of Leadership and Public Policy, University of Virginia
  • Goldman School of Public Policy, University of California, Berkeley
  • GRA, Incorporated
  • Indiana University School of Public and Environmental Affairs
  • Institute on Health Economics, Health Behaviors and Disparities, Cornell University
  • LaFollette School of Public Affairs, University of Wisconsin-Madison
  • Optimity Advisors
  • School of Public Policy, University of Maryland
  • University of Chicago Harris School of Public Policy
  • University of Kentucky Department of Economics
  • Vanderbilt University's Ph.D. Program in Law & Economics
Please visit our membership page for information about becoming a 2016 Organizational Affiliate and for a list of past Affiliates.

Discounted subscription to the Journal of Benefit-Cost Analysis - offer extended!

In order to provide users quick access to the Journal of Benefit-Cost Analysis, the SBCA is offering a limited number of reduced-rate institutional subscriptions to the journal for the entire year 2016.

This offer is made possible by funding from a MacArthur Foundation grant of a generous but finite amount; subsidized subscriptions are available first come, first served.

Your institution can subscribe to the journal for just $25 (full 2016 rate $289). This subscription will entitle you to access volumes 1-7 (2010-2016) of JBCA online and must be activated by August 1, 2016.

How to take advantage of this subscription offer: please contact our Customer Service Department: telephone: +44 (0)1223 326070 or e-mail: journals@cambridge.org.

Free access to the Spring JBCA issue ends June 30

The new Special Issue from Journal of Benefit-Cost Analysis on [Ir]rationality, Happiness, and Benefit-Cost Analysis is available free of charge through June 30. 

Behavioral economics and happiness research raise several difficult questions about the appropriate evaluation of welfare, posing significant challenges for the conduct of benefit-cost analysis. 

This special issue features seven articles by leading scholars, including:
  • [Ir]rationality, Happiness, and Benefit-Cost Analysis: Introduction to the Special Issue (Lisa A. Robinson)
  • The Good, the Bad, and the Ugly: A Unified Approach to Behavioral Welfare Economics (B. Douglas Bernheim) - open access
  • Rational Benefit Assessment for an Irrational World: Toward a Behavioral Transfer Test (W. Kip Viscusi and Ted Gayer)
  • Do We Need a New Behavioral Benchmark for BCA?(Jason F. Shogren and Linda Thunström)
  • Cost-Benefit Analysis, Who's Your Daddy? (Cass Sunstein)
  • Unequal Life Chances and Choices: How Subjective Well-Being Metrics Can Inform Benefit-Cost Analysis (Carol Graham)
  • Bad Air Days: The Effects of Air Quality on Different Measures of Subjective Well-Being (Paul Dolan and Kate Laffan)
  • Behavioral Economics, Happiness Surveys, and Public Policy (Matthew Adler)
Explore the entire issue without charge until June 30, 2016.

The Journal will have an exhibit table at the EAERE meeting in Zurich June 22-25 -- if you are attending, please stop by the table for more information about JBCA. 

Access to the Journal is always available for SBCA members. Join us today

Working Papers Reminder

The next issue of our new working paper series will go out soon! We welcome submissions from current SBCA members.

Please send your submissions in the following format to Erika Dowd at sbcainfo@uw.edu:
  • Title
  • Author(s) and affiliation(s)
  • Abstract
  • Link to paper online
The Society shares these papers as a service to its members and the benefit-cost analysis community. The Society for Benefit-Cost Analysis does not edit the papers before sharing and circulation of a working paper does not constitute endorsement by the Society of any of its content.  

Please contact us with any questions. We look forward to receiving and sharing your work. 

New National Academies Study on Investments in Children, Youth & Families

Advancing the Power of Economic Evidence to Inform Investments in Children, Youth, and Families highlights the potential for economic evidence—cost analysis, cost-effectiveness analysis, benefit-cost analysis, and related methods—to inform investment decisions for interventions that support the overall health and well-being of children, youth, and families. This report describes challenges to the optimal use of economic evidence, and offers recommendations to stakeholders to promote a lasting improvement in its quality, utility, and use.

SBCA members Lynn Karoly and Margaret Kuklinski participated on the authoring committee, and Kuklinski guest-edited a special issue of the JBCA last fall on the topic of Benefit-Cost Analysis of Prevention and Intervention Programs for Youth and Young Adults

Sponsors: MacArthur Foundation, Robert Wood Johnson Foundation, Jacobs Foundation

Website:  www.nas.edu/EconForKids 

There are two upcoming webinars to discuss the application of these findings to the Latin American and Asian contexts (details below). If you are interested in attending one or both webinars, please contact Erika Dowd for call-in details. 
  • Webinar #1: A Conversation with International Stakeholders (Latin American Context): June 16, 2016 from 9:00-10:00 am (ET).
    • Guest speakers will be Dr. Jere Behrman (Professor of Economics at University of Pennsylvania) and Florencia Lopez Boo (Senior Social Protection Economist with Inter-American Development Bank). 
  • Webinar #2: A Conversation with International Stakeholders (Asian Context): July 6, 2016 from 9:00 -10:00 am (ET).
    • Guest speakers will be Anna Hakobyan (Director of Evidence, Measurement, and Evaluation with Children’s Investment Fund Foundation) and Subrat Das (Executive Director of Centre for Budget and Governance Accountability).
SBCA Newsletter - June 2016