Words similar to epa-sab-eeac-
Example sentences for: epa-sab-eeac-
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Recent SAB deliberations on mortality and morbidity valuation approaches suggest that some adjustments to unit values are appropriate to reflect economic theory (EPA-SAB-EEAC-00-013, 2000).
As further support for the Base Estimate, the SAB-EEAC advised in their recent report that the EPA "continue to use a wage-risk-based VSL as its Base Estimate, including appropriate sensitivity analyses to reflect the uncertainty of these estimates," and that "the only risk characteristic for which adjustments to the VSL can be made is the timing of the risk"(EPA-SAB-EEAC-00-013).
21 Note that the Environmental Economics Advisory Committee (EEAC) of the SAB advised EPA to adjust WTP for increases in real income over time, but not to adjust WTP to account for cross-sectional income differences "because of the sensitivity of making such distinctions, and because of insufficient evidence available at present" (EPA-SAB-EEAC-00-013).
Following the advice of the EEAC of the SAB, the VSL approach was used to calculate the Base Estimate of mortality benefits (EPA-SAB-EEAC-00-013).