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SURE - DOAJ

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Last Updated: 07 March 2022

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Valuation of Haze Management and Prevention Using the Contingent Valuation Method with the Sure Independence Screening Algorithm

The contingent valuation method is a common assessment technique used in ecological economics. According to the CVM's estimation, the public's WTP for haze management and prevention in Jiangsu is closely linked to family income and transportation modality; according to the average estimation method, the non-market value for haze management and prevention in Jiangsu is 7. 645 billion yuan, or about 1. 64 times the CVM's estimate.

Source link: https://doi.org/10.3390/su8040310


Making Sure Orphan Drugs Don’t Get Left Behind

Orphanage drugs used to treat rare diseases are costly, making it difficult for provincial governments to budget their expenses and patients to obtain them. Since only a few patients use them, pharmaceutical costs, which include research and development, often put orphanages over any threshold of cost-effectiveness. Prices are determined using industry benchmarks, and businesses that successfully lower their prices below those of competitors will profit by it. Yardsticking is a trademark that can be used to establish benchmarks and companies that can correctly lower their prices. In cases where the threshold is not met, the cost-based regulatory scheme will be used to determine the maximum price at which the drug will be covered. This method will encourage governments to discuss a drug's price, but still provide incentives for businesses to produce orphanage drugs at the lowest possible costs.

Source link: https://doi.org/10.11575/sppp.v11i0.53048

* Please keep in mind that all text is summarized by machine, we do not bear any responsibility, and you should always check original source before taking any actions

* Please keep in mind that all text is summarized by machine, we do not bear any responsibility, and you should always check original source before taking any actions