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Economics and Benefits Analysis

News & Updates

Important Updates!

Thank you for being a member of the Economics and Benefits Analysis Specialty Group of the Society for Risk Analysis! We have several important updates for you.

Upcoming webinar: We are pleased to invite you to the webinar entitled Reflections on the Impact of Flatten the Curve on Interdependent Workforce Sectors by Prof. Joost R. Santos on April 22, 2021 from noon to 1pm Eastern Time. This webinar is co-hosted by our Economics and Benefits Analysis Specialty Group and the Engineering and Infrastructure Specialty Group. Please use this link to register in advance for this meeting: https://us02web.zoom.us/meeting/register/tZAkf-6hrD0iEtHgglwqcsOdye5VZ-dNN_EN

Abstract: The expression “flatten the curve” has gained significant attention in the midst of the COVID-19 pandemic. The idea is to decrease and/or delay the peak of an epidemic wave so as not to strain or exceed the capacity of healthcare systems. There has been an increasing number of policy recommendations across the globe that favor the use of nonpharmaceutical interventions (NPIs) to flatten the curve. NPIs encompass mitigation and suppression measures such as quarantine, travel restrictions, and business closures. This talk aims to provide perspectives on the impact of mitigation and suppression measures on interdependent workforce sectors. Reflections on the trade-offs between flattening the curve versus personal liberty and socioeconomic disparities are also presented.

Speaker’s Bio: Prof. Joost Santos is currently an associate professor in the Department of Engineering Management and Systems Engineering at the George Washington University. His research interests lie at the intersection of systems engineering, disaster risk analysis, and economics. Prof. Santos is one of the principal investigators in the 2018 “Mitigation Saves Version 2.0” report that has been cited by many journals, news media, and research agencies across the world. He is also one of the principal investigators in an ongoing multi-university National Science Foundation grant: “CRISP 2.0 Type 2: Collaborative Research: Organizing Decentralized Resilience in Critical Interdependent-infrastructure Systems and Processes (ORDER-CRISP).” He has received two Best Paper awards from the Society for Risk Analysis, as well as the Leontief Memorial Prize from the International Input-Output Association.


SRA Annual Meeting: The 2021 SRA Annual Meeting will take place on December 5-9 in Washington, DC! The theme this year is “Risk Science and the Policy Interface.” Abstracts are due no later than June 11, 2021 at midnight EDT. We are available to help you plan a workshop, organize symposia, or group your presentations into symposia. If interested, please contact us or attend our next coffee hour (see below). In addition, remember to spread the word about the EBASG Student Merit Award! https://www.sra.org/specialty-groups/economics-and-benefits-analysis/awards/


Coffee Hour: EBASG Committee is hosting a coffee hour on Planning for the SRA Annual Meeting on Tuesday, May 4th at 4.30 pm EDT. We’ll be discussing ideas for organizing symposiums and would love to hear about what you are currently working on. Please follow the link to join the meeting https://odu.zoom.us/j/99843337544?pwd=SCtHejFDZVdGYmd5VTB6a3NEYVkwUT09 (Zoom Meeting ID: 998 4333 7544 Passcode: 649177 – One tap mobile +16465588656,,99843337544#)


Society for Benefit Cost Analysis: We hope you will join your SRA and SBCA colleagues for the upcoming professional development workshop, “Benefit-Cost Analysis in Low- and Middle-Income Countries.” This workshop is hosted by the Society for Benefit-Cost Analysis and will be held online from May 3 through May 7, 2021. To learn more and to register, please click here.

The workshop focuses on the use of benefit-cost analysis to evaluate policies for improving health and longevity in low- and middle-income countries. It builds on the Reference Case Guidelines for Benefit-Cost Analysis in Global Health and Development funded by the Bill & Melinda Gates Foundation. The workshop combines presentations with substantial opportunities for interaction and discussion, including case studies. It is designed for those with relatively little experience conducting or reviewing benefit-cost analyses, although some familiarity with economic evaluation is desirable. Participants will develop an understanding of the fundamental underlying concepts, consider the advantages and limitations of this form of analysis, explore its major components and what each should include, and gain familiarity with default estimates for valuing changes in health and longevity.

The instructors include Lisa A. Robinson (Harvard T.H. Chan School of Public Health), Maureen Cropper (University of Maryland and Resources for the Future), James K. Hammitt (Harvard T.H. Chan School of Public Health and Toulouse School of Economics), Dean Jamison (University of California, San Francisco), Mark Radin (University of North Carolina, Chapel Hill), Damian Walker (Center for Global Development), Tommy Wilkinson (The World Bank), and Brad Wong (Copenhagen Consensus Center). 


EBASG website and dues: Please visit our updated website and share with us your ideas for improving it! Also, please remember to pay your $10 dues at:  https://members.sra.org/AF_MemberCommittee.asp. Your dues help support our events at the annual meeting and throughout the year.