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1

Cost-benefit analysis and the theory of fuzzy decisions: Fuzzy value theory. Berlin: Springer, 2004.

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2

Hay, Lori-Ann. Decision making in mine support using a present-value risk-cost-benefit analysis. Sudbury, Ont: Laurentian University, School of Engineering, 1993.

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3

Systematics, Cambridge, ed. Operations benefit/cost analysis desk reference: Providing guidance to practitioners in the analysis of benefits and costs of management and operations projects. Washington,, DC: U.S. Dept. of Transportation, Federal Highway Administration, 2012.

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4

Alfon, Isaac. Cost-benefit analysis in financial regulation: How to do it and how it adds value. London: Financial Services Authority, 1999.

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5

Miller, Francis E. Building and civil engineering: Coct-value comparisons (and allied topics) : the benefit/the problem : towards greater understanding. Herne Bay: Ruthtrek, 1992.

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6

Landau, Steve, Glen Weisbrod, Geoffrey Gosling, Christopher Williges, Melissa Pumphrey, and Mark Fowler. Passenger Value of Time, Benefit-Cost Analysis and Airport Capital Investment Decisions, Volume 2: Final Report. Washington, D.C.: Transportation Research Board, 2015. http://dx.doi.org/10.17226/22161.

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7

Markow, Michael J. Engineering economic analysis practices for highway investment. Washington, D.C: Transportation Research Board, 2012.

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8

Landau, Steve, Glen Weisbrod, Geoffrey Gosling, Christopher Williges, Melissa Pumphrey, and Mark Fowler. Passenger Value of Time, Benefit-Cost Analysis and Airport Capital Investment Decisions, Volume 1: Guidebook for Valuing User Time Savings in Airport Capital Investment Decision Analysis. Washington, D.C.: Transportation Research Board, 2015. http://dx.doi.org/10.17226/22162.

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9

Assessing the economic value of anticancer therapies. Berlin: Springer, 1998.

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10

1949-, Brown Gary C., and Sharma Sanjay M. D, eds. Evidence-based to value-based medicine. [Chicago]: AMA Press, 2005.

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11

Slemrod, Joel. Integrating expenditure and tax decisions: The marginal cost of funds and the marginal benefit of projects. Cambridge, MA: National Bureau of Economic Research, 2001.

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12

Value-for-money-audits: Ministry of Health. [Victoria, B.C.]: The Office, 1994.

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13

Landau, Steve, Glen Weisbrod, Geoffrey Gosling, Christopher Williges, Melissa Pumphrey, and Mark Fowler. Passenger Value of Time, Benefit-Cost Analysis and Airport Capital Investment Decisions, Volume 3: Appendix A Background Research and Appendix B Stated Preference Survey. Washington, D.C.: Transportation Research Board, 2015. http://dx.doi.org/10.17226/22160.

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14

British Columbia. Office of the Auditor General. Value-for-money audits: Ministry of Advanced Education, Training, and Technology. Victoria, B.C: Office of the Auditor General, 1993.

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15

Corporation, Rand, ed. The costs and benefits of moving to the ICD-10 code sets. Santa Monica, CA: RAND, 2004.

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16

Matthews, Joseph R. The bottom line: Determining and communicating the value of the special library. Westport, Conn: Libraries Unlimited, 2002.

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17

National Council on Radiation Protection and Measurements. An introduction to efficacy in diagnostic radiology and nuclear medicine: Justification of medical radiation exposure. Bethesda, Md: National Council on Radiation Protection and Measurements, 1995.

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18

Swanson, Cindy Sorg. Role of nonmarket economic values in benefit-cost analysis of public forest management. Portland, Or: United States Department of Agriculture, Forest Service, Pacific Northwest, Research Station, 1996.

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19

Swanson, Cindy Sorg. Role of nonmarket economic values in benefit-cost analysis of public forest management. [Portland, Or.]: U.S. Dept. of Agriculture, Forest Service, Pacific Northwest Research Station, 1996.

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20

Downey, Kieran M. Managing the IT investment process for value: An emphasis on delivering benefits. Dublin: University College Dublin, 1993.

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21

Fein, Rashi. Learning lessons: Medicine, economics, and public policy. New Brunswick, N.J: Transaction Publishers, 2010.

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22

Learning lessons: Medicine, economics, and public policy. New Brunswick: Transaction Publishers, 2010.

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23

The measurement of environmental and resource values: Theory and methods. 2nd ed. Washington, DC: Resources for the Future, 2003.

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24

The measurement of environmental and resource values: Theory and methods. Washington, D.C: Resources for the Future, 1993.

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25

Adler, Matthew D. Value and Cost-Benefit Analysis. Edited by Iwao Hirose and Jonas Olson. Oxford University Press, 2015. http://dx.doi.org/10.1093/oxfordhb/9780199959303.013.0018.

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26

Bellas, Allen S., and Zerbe Richard O. Jr. Primer for Benefit-Cost Analysis. Elgar Publishing, Incorporated, Edward, 2007.

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27

A Cost-Benefit Analysis of Earned Value Management System Criteria. Storming Media, 1997.

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28

Dompere, Kofi Kissi. Cost-Benefit Analysis and the Theory of Fuzzy Decisions: Fuzzy Value Theory. Springer, 2014.

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29

Dompere, Kofi Kissi. Cost-Benefit Analysis and the Theory of Fuzzy Decisions: Fuzzy Value Theory. Springer Berlin Heidelberg, 2010.

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30

Measuring Your Library's Value: How to Do a Cost-Benefit Analysis for Your Public Library. American Library Association, 2007.

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31

Basu, Sanjay. Value. Edited by Sanjay Basu. Oxford University Press, 2017. http://dx.doi.org/10.1093/med/9780190667924.003.0002.

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This chapter seeks to answer the question: how much should we pay for a public health program? We often have to decide how to allocate funds to different public health programs or decide whether a new medical test or treatment is worth the cost. How can we make such decisions fairly? The author first works through some examples of commonly used decision trees to make these judgments in a rigorous and fair way. Some decision trees are used to solve value of information problems, which are used to perform cost-benefit analysis to determine whether we want to pay for a new service, test, or treatment if we are focused on lowering the costs of operations. The reader will then understand how to perform cost-effectiveness analysis to identify under what circumstances a more expensive new service, test, or treatment might be worth the cost because it meaningfully improves health outcomes.
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32

Cost-Benefit Analysis and the Theory of Fuzzy Decisions: Fuzzy Value Theory (Studies in Fuzziness and Soft Computing). Springer, 2004.

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33

Assessing the Economic Value of Anticancer Therapies. Springer, 2011.

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34

Brown, Gary C., Sanjay Sharma, and Melissa M. Brown. Evidence-Based To Value-based Medicine. American Medical Association Press, 2005.

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35

Dolan, Paul, and Daniel Fujiwara. Happiness-Based Policy Analysis. Edited by Matthew D. Adler and Marc Fleurbaey. Oxford University Press, 2016. http://dx.doi.org/10.1093/oxfordhb/9780199325818.013.9.

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Happiness data have an important role in policy. They can be used to monitor social progress over time in the same way that GDP figures are currently used. They can also be used in the subjective well-being valuation (SWV) approach to value nonmarket goods for the purposes of cost-benefit analysis, the primary policy evaluation tool in many governments. This chapter focuses on the latter of these two uses of happiness surveys, where a significant literature has grown over the last decade. It discusses the main problems associated with traditional valuation methods that rely on people’s preferences and the ways in which it has been suggested that SWV can overcome some of these difficulties. SWV also has its problems, and the chapter discusses these, provides suggestions for how results from SWV should be interpreted, and highlights where solutions to the problems in the SWV method have been proposed in the literature.
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36

Cost-Value Analysis in Health Care: Making Sense out of QALYS (Cambridge Studies in Philosophy and Public Policy). Cambridge University Press, 1999.

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37

Nord, Erik. Cost-Value Analysis in Health Care: Making Sense out of QALYS (Cambridge Studies in Philosophy and Public Policy). Cambridge University Press, 1999.

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38

Olsen, Jan Abel. Economic evaluation and priority setting: an overview. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198794837.003.0017.

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This chapter provides an overview of the methodologies that come under the umbrella term of economic evaluation in healthcare. Economic evaluations seek to identify, measure, value, and compare alternative programmes. A taxonomy is developed to distinguish economic evaluation techniques depending on whether benefits have been measured in money terms or not, and whether benefits are based on preferences or not. When benefits are measured in money terms, it is referred to as a cost–benefit analysis (CBA). If benefits are measured in health terms, some sort of cost-effectiveness analysis (CEA) is being used. An important class of CEA is what has come to be labelled ‘cost-utility-analysis’ (CUA). The chapter explains the incremental cost-effectiveness ratio (ICER) and illustrates the cost-effectiveness plane. Finally, the idea of discounting health is discussed.
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39

Danielson, Michael S. Engagement Through the Diaspora Channel. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780190679972.003.0003.

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The first empirical task is to identify the characteristics of municipalities which US-based migrants have come together to support financially. Using a nationwide, municipal-level data set compiled by the author, the chapter estimates several multivariate statistical models to compare municipalities that did not benefit from the 3x1 Program for Migrants with those that did, and seeks to explain variation in the number and value of 3x1 projects. The analysis shows that migrants are more likely to contribute where migrant civil society has become more deeply institutionalized at the state level and in places with longer histories as migrant-sending places. Furthermore, the results suggest that political factors are at play, as projects have disproportionately benefited states and municipalities where the PAN had a stronger presence, with fewer occurring elsewhere.
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40

Bermeo, Sarah Blodgett. Preferential Trade Agreements as Development Policy. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780190851828.003.0005.

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Preferential access to industrialized country markets can provide an important development opportunity for poorer countries. The targeted development framework suggests that industrialized states will be particularly interested in negotiating such agreements when they value development in a developing state and when the country is in a position to use trade as a catalyst for growth. This chapter analyzes the case of the Dominican Republic-Central American Free Trade Agreement (CAFTA-DR) to demonstrate the difficulty of understanding the signing of such agreements through traditional political economy explanations and the advantage of incorporating targeted development considerations. It then proceeds to a dyadic analysis of the signing of trade agreements, finding that agreements are more likely with countries where development is a high priority for the industrialized country and those that have reached a sufficient level of development to benefit from preferential market access.
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41

Heath, Joseph. Philosophical Foundations of Climate Change Policy. Oxford University Press, 2021. http://dx.doi.org/10.1093/oso/9780197567982.001.0001.

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Although the task of formulating an appropriate policy response to the problem of anthropogenic climate change is one that raises a number of very difficult normative issues, environmental ethicists have not played an influential role in government deliberations. This is primarily due to their rejection of many of the assumptions that structure the debates over policy. This book offers a philosophical defense of these assumptions in order to overcome the major conceptual barriers to the participation of philosophers in these debates. There are five important barriers: First, the policy debate presupposes a stance of liberal neutrality, as a result of which it does not privilege any particular set of environmental values over other concerns. Second, it assumes ongoing economic growth, along with a commitment to what is sometimes called a weak sustainability framework when analyzing the value of the bequest being made to future generations. Third, it treats climate change as fundamentally a collective action problem, not an issue of distributive justice. Fourth, there is the acceptance of cost-benefit analysis, or more precisely, the view that a carbon-pricing regime should be guided by our best estimate of the social cost of carbon. And finally, there is the view that when this calculation is undertaken, it is permissible to discount costs and benefits, depending on how far removed they are from the present. This book attempts to make explicit and defend these presuppositions, and in so doing offer philosophical foundations for the debate over climate change policy.
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42

(Editor), Donald Miller, and Domenico Patassini (Editor), eds. Beyond Benefit Cost Analysis: Accounting For Non-market Values In Planning Evaluation (Urban Planning and Environment). Ashgate Publishing, 2005.

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43

O'Neill, John. Markets, Ethics, and Environment. Edited by Stephen M. Gardiner and Allen Thompson. Oxford University Press, 2015. http://dx.doi.org/10.1093/oxfordhb/9780199941339.013.4.

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Is there a relation between the increasing extension of markets and market norms to previously non-market goods, and the growth of environmental problems? This chapter explores two competing answers: market-endorsing positions that argue that a source of environmental problems lies in the absence of markets in environmental goods and that the extension of markets or market modes of valuation to environmental goods offers the most effective way of protecting them; market-skeptical positions that deny that the extension of markets will protect environmental goods or more strongly that markets and increasing marketization are themselves a source of environmental problems. These positions offer distinct perspectives on market mimicking instruments in environmental policy making, such as cost-benefit analysis, and on the development of new markets, for example in emission rights and biodiversity offsets. The issues raised include questions about value commensurability, justice, epistemic limits to planning and markets, and environmental limits to growth.
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44

Fein, Rashi. Learning Lessons: Medicine, Economics, and Public Policy. Taylor & Francis Group, 2017.

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45

Grush, Rick, and Lisa Damm. Cognition and the Brain. Edited by Eric Margolis, Richard Samuels, and Stephen P. Stich. Oxford University Press, 2012. http://dx.doi.org/10.1093/oxfordhb/9780195309799.013.0012.

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The article explores the relationship between cognition and the brain. Some researches indicate that emotions provide information, anticipate future responses, influence reasoning strategy, index value, and direct attention toward particular objects but few psychologists have attempted to incorporate these results into an integrative general theory of cognition and emotion. Antonio Damasio claims that emotions are primarily representations of somatic states, including visceral and musculoskeletal, at the psychological level. The relationship between the event type and the associated emotional reaction is learned so that when the same type of event is encountered, or the same type of action considered, it can induce the corresponding emotion and the valance of that emotion can influence how the agent behaves in that situation. Damasio argued that somatic markers help facilitate reasoning by providing a rapid processing of potential decision outcomes based on immediate endorsement or rejection, which then helps constrain the decision-making space to a manageable size for which it becomes reasonable to employ more traditional means of evaluation such as cost-benefit analysis on the remaining options. Berthoz argued that the brain is a simulator of action and a generator of hypotheses such that anticipating and predicting the consequences of actions based on the remembered past is one of the basic properties of the brain.
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46

Livermore, Michael A., and Richard L. Revesz. Reviving Rationality. Oxford University Press, 2020. http://dx.doi.org/10.1093/oso/9780197539446.001.0001.

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Reviving Rationality: Saving Cost-Benefit Analysis for the Sake of the Environment and Our Health explains how Donald Trump destabilized the decades-long bipartisan consensus that federal agencies must base their decisions on evidence, expertise, and analysis. Administrative agencies are charged by law with protecting values like stable financial markets and clean air. Their decisions often have profound consequences, affecting everything from the safety of workplaces to access to the dream of home ownership. Under the Trump administration, agencies have been hampered in their ability to advance these missions by the conflicting ideological whims of a changing cast of political appointees and overwhelming pressure from well-connected interest groups. Inconvenient evidence has been ignored, experts have been sidelined, and analysis has been used to obscure facts rather than inform the public. The results are grim: incoherent policy, social division, defeats in court, a demoralized federal workforce, and a loss of faith in government’s ability to respond to pressing problems. This experiment in abandoning the norms of good governance has been a disaster. Reviving Rationality explains how and why our government has abandoned rationality in recent years, and why it is so important for future administrations to restore rigorous and even-handed cost-benefit analysis if we are to return to a policymaking approach that effectively tackles the most pressing problems of our era.
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47

Ghaleigh, Navraj Singh. Economics and International Climate Change Law. Edited by Kevin R. Gray, Richard Tarasofsky, and Cinnamon Carlarne. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199684601.003.0004.

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This chapter presents an economic analysis of climate change and international climate change law. From an economic perspective, the environment becomes a scarce resource which must be allocated between competing ends. The economics of climate change draws mainly on the two foundational insights of economics. The first is that the free exchange of goods tends to move resources to their highest valued use, in which case the allocation of resources is said to be ‘Pareto-efficient’. The second is that economic agents respond to incentives. Economic agents are rational utility maximizers, meaning that they will undertake those actions which raise their level of utility. The chapter examines economist Ronald Coase’s article The Problem of Social Cost, which deals with externalities, the cost or benefit that affects a party who did not choose to incur that cost or benefit, and applies it to pollution and emissions trading.
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48

Hogan, Patrick Colm. Afterword. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780190857790.003.0008.

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The afterword takes up two unresolved issues. First, just what might motivate individuals to commit themselves to identifying with a group category? Second, do groups gain absolute benefits through identity categories or only relative benefits, perhaps with increased harm in absolute terms? For example, it seems clear that having French national identity is valuable in opposing Nazis; thus, it has relative value. But there would be no Nazis in the first place if there were no categorial identification. Thus, national identity may reduce well-being across the board. The final section of the afterword examines an empirical analysis that purports to show that identity categories are important for the well-being of individuals and societies. The chapter argues that the data are better explained by the hypothesis that economic and democratic empowerment—not identity categorization—are crucial for the well-being of individuals and societies.
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49

Ramanadhan, Shoba, Racquel E. Kohler, and K. Viswanath. Partnerships and Networks to Support Implementation Science. Edited by David A. Chambers, Wynne E. Norton, and Cynthia A. Vinson. Oxford University Press, 2018. http://dx.doi.org/10.1093/med/9780190647421.003.0038.

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Partnerships between researchers and stakeholders offer an opportunity to bring scientific and practice-based knowledge and experience together to improve the quality, value, and relevance of implementation science efforts and increase the application of findings. The chapter covers (1) a continuum of engagement for research–practice partnerships, including the benefits and challenges of engaged implementation science; (2) challenges and opportunities for partnerships in implementation science in community, policy, public opinion, and public–private partnership domains; (3) implementation science partnership evaluation, with an emphasis on social network analysis; and (4) a series of questions for the field as increasing attention is paid to partnerships for implementation science.
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50

Barker, Richard. Bioscience - Lost in Translation? Oxford University Press, 2016. http://dx.doi.org/10.1093/med/9780198737780.001.0001.

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Medical innovation as it stands today is fundamentally unsustainable. There is a widening gap between what biomedical research promises and its current impact in terms of patient benefit and health system improvement. This book highlights the global problem, analyses underlying causes, and provides powerful prescriptions for change to close the gap.It contrasts progress in biomedicine with other areas of science and technology, such as information technology, in which there are faster, more reliable returns for society from scientific advance. It questions whether society is right to expect so much from biomedicine and why we have become accustomed to such poor returns.It focuses on four specific ‘gaps in translation’ between bioscience breakthroughs and ultimate patient benefit, and explains how unhelpful mental models and differing perceptions of value, risk, and uncertainty contribute to stifling progress.Specific examples are examined, in which these bottlenecks have prevented promised progress (e.g. antibiotic-resistant infections), and others in which these barriers have been overcome, as a result of patient pressure (e.g. HIV treatment) or a sense of impending crisis (e.g. pandemic influenza).
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