A unique research alliance of injured workers and scientists has received a prestigious $1 million funding award from a federal research program. The Institute for Work & Health is involved as a partner.
The Institute is making efforts to advance the use of economic evaluations in occupational health and safety (OHS) studies to address the need for higher standards in this area. One major project is to develop a book that provides guidance on how to conduct, commission and assess economic evaluations in OHS studies.
An economic evaluation is a type of study that can help a decision-maker choose how to allocate resources, such as money, people, time or equipment. It identifies all the options a person might reasonably select. It then compares each one in terms of all the relevant costs and consequences.