Unit value of restricted activity days (RADs)

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Unit cost of restricted activity days (RADs). RAD is defined as a day when a person needs to change his/her normal activities because of ill-health. It is based on surveys among general population. In terms of severity, RADs include: 1) days needed to stay in bed, 2) days of work/school (WLS) and 3) days of other, less serious restrictions on normal activity (MRADs).

Definition

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ExternE (2005)^[1]

49 €/RAD (includes disutility, price year 2003)
137 €/RAD (includes disutility and opportunity cost, price year 2003)
- Based on Ready et al. (2004)^[2]:
  - 148 €/3 symptom days
  - Symptom described as confined to bed, shortness of breath on slight exertion

Causality

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Unit

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€/RAD

Formula

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Result

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137

References

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↑ European Commission 2005. ExternE, Externalities of Energy, Methodology 2005 Update. Bickel P & Friedrich R (Eds.)
↑ Ready R, Navrud S, Day B, Dubourg R., Machado F., Mourato S, Spanninks F & Rodriguez MXV (2004). Benefit Transfer in Europe: How Reliable Are Transfers Across Countries? Environmental & Resource Economics, 29: 67-82

[1] European Commission 2005. ExternE, Externalities of Energy, Methodology 2005 Update. Bickel P & Friedrich R (Eds.)

[2] Ready R, Navrud S, Day B, Dubourg R., Machado F., Mourato S, Spanninks F & Rodriguez MXV (2004). Benefit Transfer in Europe: How Reliable Are Transfers Across Countries? Environmental & Resource Economics, 29: 67-82

[1]

[2]