IDEAS home Printed from https://ideas.repec.org/p/hhs/kaunek/0005.html
   My bibliography  Save this paper

Cost-Benefit Analyses of Sprinklers in Nursing Homes for Elderly

Author

Listed:
  • Jaldell, Henrik

    () (Dept. of Economics)

Abstract

The risk of dying in fires in nursing homes is six times the risk of dying in fires at home in Sweden. The risk of being injured in nursing homes is even higher. The reason is that fire alarms do not help if people have problems moving around, or have dementia and do not understand what is going on. One way to reduce this risk is to install fire sprinklers. The benefits depend on the value we put on elderly people living in nursing homes. Their life expectancy is 3.2 years. This study measures the benefits and compares them in terms of the monetary value of full lives, life years and quality adjusted life years (QALYs) for deaths and injuries. The results show that sprinklers are cost-effective in newly built nursing homes no matter what value of life is used. However, if sprinklers are installed in already existing buildings, they are cost-effective only if the value of a statistical life is used.

Suggested Citation

  • Jaldell, Henrik, 2012. "Cost-Benefit Analyses of Sprinklers in Nursing Homes for Elderly," Karlstad University Working Papers in Economics 5, Karlstad University, Department of Economics.
  • Handle: RePEc:hhs:kaunek:0005
    as

    Download full text from publisher

    File URL: http://www.kau.se/sites/default/files/Dokument/subpage/2012/02/2012_5_pdf_79891.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Sund, Björn, 2010. "The value of a statistical life for out-of-hospital cardiac arrest victims," Working Papers 2010:4, Örebro University, School of Business.
    2. Johannesson, Magnus & Jonsson, Bengt, 1991. "Economic evaluation in health care: Is there a role for cost-benefit analysis?," Health Policy, Elsevier, vol. 17(1), pages 1-23, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    QALY; value of statistical life; nursing home; fire safety; sprinklers; elderly;

    JEL classification:

    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:kaunek:0005. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mikael Svensson). General contact details of provider: http://edirc.repec.org/data/eikause.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.