Although the costs seems high in respect to the total cost spent on diabetes care, the only way to make a good judgment of cost-effectiveness is to take the profits into account.
The aim is to provide an impartial, evidence-based judgment of the costs and benefits of a particular policy or project, without regard to its political ramifications.
The defendants agreed to pay a judgment of $413,000 and $100,000 in investigative costs and attorney's fees.
In a lawsuit filed this month in the U.S. Court of Federal Claims, Toro, a onetime official in the Colombia-based Medellín cartel, runs through his record of contributions to the DEA and asks for a judgment of $5 million, plus interest, costs and legal fees.
But a judgment on the myriad economic complexities of costs of living, poverty traps and the value of wages, not to mention widespread confusion about true levels of benefits, make this particular question exceptionally sensitive to psychological influence and cognitive bias or, more bluntly, propaganda.
People with damage to this area (such as Phineas Gage) are less able to integrate emotional information into judgments that also involve an analysis of costs and benefits, and their conclusions reflect a corresponding bias.
In fractures of the arm, one paid $100, one $250, one bill outlawed, $50, and a fourth sued a bill of $20, got judgment of $10, and paid $140 costs; a fifth fracture of the neck of humerus, paid $75 and gave bill $75, "to avoid the expense and anxiety of a suit with an irrepressible man".
"If you're go to prevent this disease with the people that have impaired judgment, the cost of condoms is a small price to pay," he said, noting that the rate of sexual disease in Connecticut has dropped significantly in recent years.
Family and friends who had wanted to keep abreast of his wellbeing prior to his diagnosis Scott kept in the dark; he wanted to insulate himself at all costs, and the judgment of friends and family would have crippled him.
And by her own account, the real Virginia Johnson did not live the life relatively free of judgment and social cost that "Masters of Sex" has, so far, implied for her doppelgänger.
