April 2018
News and Updates

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2018 Cost Benefit Analysis (CBA) Workshop in Stockholm

The Society for Benefit-Cost Analysis will co-sponsor a CBA workshop in Stockholm in April 2018. The conference will address issues in CBA as a basis for decision-making. The prime focus is on challenges for transport sector CBA, but in addition environmental applications as well as several generic subjects will be covered.

Click here to learn more about the conference. 

When: 25-26 April 2018
Where: V2, Teknikringen 76, KTH, Stockholm (Map)
Registration fee: 1000 SEK which includes coffees, lunch-box and buffet dinner.

Registration deadline April 16. 

Remember to Renew Your Membership!

The Society has been growing steadily since its inception in 2007, and our annual conference and other activities help us work toward our mission of working to promote and improve the theory and practice of benefit-cost analysis.  

Membership benefits include the following:

•    Complimentary digital subscription to the Journal of Benefit-Cost Analysis (Spring coming out soon!)
•    Opportunity to share your working papers with our mailing list of 5,000+ experts
•    Access to a network of scholars and practitioners working at the leading edge of this expanding field
•    Opportunity to vote in Society elections and on any membership issues that arise
•    Discount on membership fees
•    Ability to participate in Society activities through service on the Board and committees, including both standing (e.g. nominating and journal) and ad hoc committee
•    Premium membership also includes a listing on the Society’s website

SBCA membership

Please contact Steve Jones, Executive Director, at  info@benefitcostanalysis.org with any renewal issues or questions. 

Donate to SBCA

In addition to your membership, consider making a donation to the SBCA. Your contribution helps to further the mission of the SBCA to advance the theory and practice of benefit-cost analysis and related economic evaluation methods. Gifts to the SBCA are fully tax deductible and support activities not covered by membership and conference fees. 

Click Here to Donate. 


2018 Contributors

The Society for Benefit-Cost Analysis thanks the many organizations and individuals who have made additional contributions to its operations and allowed us to continue to thrive and grow.

2018 Conference Sponsors

2018 Premium Members

  • Sandra Archibald
  • Richard Belzer
  • Ronald Bird
  • Glenn Blomquist
  • Sharon Brown-Hruska
  • Mark Cohen
  • David Corderi Novoa
  • Susan Dudley
  • Kenneth Goettel
  • Sue Goldie
  • James Hammitt
  • Arnold Harberger
  • Hank Jenkins-Smith
  • Lynn Karoly
  • Donald Kenkel
  • Kerry Krutilla
  • David Long
  • Randall Lutter
  • Paul Mwebaze
  • Clark Nardinelli
  • Lisa A. Robinson
  • Craig Thornton
  • W. Kip Viscusi
  • David Weimer
  • John Wells

Founding InstitutionEvans School of Public Policy and Governance, University of Washington

2018 SBCA Awards

During the 10th Annual Conference in Washington, DC, three individuals below were recognized for their contributions to both the field of BCA and the Society. 

Outstanding Achievement Award:

In 2016, the SBCA Board of Directors created the Outstanding Achievement Award to be awarded as appropriate to individuals who make significant contributions to the field of benefit-cost analysis.

The 2018 winners are:

W. Kip Viscusi
Vanderbilt University

David L. Weimer
University of Wisconsin, Madison 

Richard Zerbe Distinguished Service Award

The Board of Directors sought to honor his contributions by creating the Richard Zerbe Distinguished Service Award in 2014 to be awarded as appropriate to individuals who make significant contributions to helping the SBCA further its mission.

The 2018 winner is:

Susan Dudley
SBCA past President


2018 Honor A Colleague

Honor A Colleague

The Society developed the Honor A Colleague Campaign to recognize individuals who are leaders and innovators in Benefit-Cost Analysis. The express purpose of the program is to encourage unrestricted contributions to the Society for Benefit-Cost Analysis and at the same time celebrate the achievements of luminaries in Benefit-Cost Analysis.

2018 Honor A Colleague Recipient

George, Ph.D.Tolley, S.
Professor Emeritus of Economics 
University of Chicago


On Balance: Don't Undervalue Life

By W. Kip Viscusi

On Balance: Don't Undervalue Life

Proper application of the value of a statistical life (VSL) is essential to preventing the systematic undervaluation of life throughout the world. This new post from W. Kip Viscusi argues that the values used by government agencies to monetize prospective risk reductions should be consistent with the values estimated in the economic literature.  Doing so would significantly increase the values used in many countries, such as the United Kingdom and Australia. Moreover, the values the United States assigns to fatalities in setting regulatory sanctions are extremely low, which creates a disparity between the values used in setting regulations and the values used to enforce regulations. A more consistent approach would apply a value to sanctions that is comparable to the value used for VSL.

Read More

Princeton University Press Promotion: 
20% discount to the SBCA on W. Kip Viscusi’s new book, Pricing Lives: Guideposts for a Safer Society (Princeton: Princeton University Press, 2018).

To order the book, follow this link and enter the offer code EX225 at checkout. The offer code expires 4/30/18.

Thank You for Attending the 2018 Conference at the Marvin Center in Washington, DC!

Society for Benefit-Cost Analysis 2018 Conference and Workshops

Thank you for attending our conference on March 15-16  and or/workshops on March 14  in Washington, D.C. 
We appreciate all that you did to help make this year's events so successful and productive. 

Conference and Workshop Evaluations
We need your input! Please click HERE to complete the Conference Evaluation or click HERE to complete the Workshop Evaluation at your earliest convenience so that we can compile and share the anonymous feedback with our organizers to help make next year's events even better. Please disregard if you have not already handed us your evaluation. 

Permission to Post Slides Online
If you presented at the conference and would like your slides to be posted online as a PDF, click HERE to complete the Author’s Permission to Post form and return the signed form to Angeline Vo at info@benefitcostanalysis.org (if you did not already complete the form in hard copy). 

We will be posting only those slides for which we have author permission on the conference agenda page on our website, along with additional conference-related materials. Make sure to check back HERE for updates!

Keynote Speaker and Event Photos
Pictures of the keynote speech by Tomas Philipson and official photos from conference events are available HERE on our Facebook page.  Please feel free to share your pictures as well!

Social Media
Don't forget to join us on Facebook, Twitter and LinkedIn to continue the conversations started at the conference and workshops!


Journal of Benefit-Cost Analysis Sneak Peak to Spring Issue

 All SBCA members receive complimentary access to the JBCA through the SBCA Memberleap portal.


For a sneak peak of the Spring edition, click here on the article, Application of BCA in Europe - Experiences and Challenges! 

Please feel free to contact us with any questions.

SBCA Newsletter - April 2018