Two alternative mosquito control programs have been proposed to reduce the health risks of West Nile disease
Question:
a. Calculate CE ratios for each program without discounting.
b. Calculate CE ratios discounting cost but not effectiveness assuming a discount rate of 4 percent.
c. Calculate CE ratios discounting both costs and effectiveness at 4 percent.
d. Assume that the uncertainty range for each of the yearly effectiveness estimates is plus or minus 20 percent, and the uncertainty in each of the yearly cost estimates is 10 percent. Assuming uniform distributions of errors, produce Monte Carlo distributions of CE ratios for each program and compare them.
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Related Book For
Cost Benefit Analysis Concepts and Practice
ISBN: 978-0137002696
4th edition
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
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