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  • © 2012

The Value of Information

Methodological Frontiers and New Applications in Environment and Health

  • Surveys state-of-the-art methodology, investigating how information is valued across multiple spectrums
  • Presents in-depth case examples which range from assessing the value of rapid diagnosis tests in preventing unnecessary use of anti-malarial drugs to the valuation of information associated with climate change catastrophe
  • Illustrates five methodological approaches to valuation: Price- and cost-based derivation; Bayesian belief network; Regulatory cost-effectiveness; Econometric modeling and estimation; and Simulation modeling and estimation

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Softcover Book USD 119.00
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Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xxviii
  2. The Value of Information in Index Insurance for Farmers in Africa

    • Daniel Osgood, Kenneth E. Shirley
    Pages 1-18
  3. Valuing the Potential Impacts of GEOSS: A Systems Dynamics Approach

    • Michael Obersteiner, Felicjan Rydzak, Steffen Fritz, Ian McCallum
    Pages 67-90
  4. The Value of Determining Global Land Cover for Assessing Climate Change Mitigation Options

    • Steffen Fritz, Sabine Fuss, Petr Havlík, Jana Szolgayová, Ian McCallum, Michael Obersteiner et al.
    Pages 193-230
  5. Estimating the Benefits of Land Imagery in Environmental Applications: A Case Study in Nonpoint Source Pollution of Groundwater

    • Richard L. Bernknopf, William M. Forney, Ronald P. Raunikar, Shruti K. Mishra
    Pages 257-299
  6. Back Matter

    Pages 301-303

About this book

The book examines applications in two disparate fields linked by the importance of valuing information: public health and space. Researchers in the health field have developed some of the most innovative methodologies for valuing information, used to help determine, for example, the value of diagnostics in informing patient treatment decisions. In the field of space, recent applications of value-of-information methods are critical for informing decisions on investment in satellites that collect data about air quality, fresh water supplies, climate and other natural and environmental resources affecting global health and quality of life.

Editors and Affiliations

  • and Policy, Center for Disease Dynamics, Economics, Washington, USA

    Ramanan Laxminarayan

  • Resources for the Future, Washington, USA

    Molly K. Macauley

Bibliographic Information

Buy it now

Buying options

Softcover Book USD 119.00
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access