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Guide to interpreting this cost-effectiveness analysis
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Sheet descriptions
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Main CEA
This sheet contains the primary calculations that result in final cost-effectiveness estimates. This sheet draws on inputs from the "Inputs" sheet and inputs calculated in the other supplemental sheets listed below.
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Aggregation across vaccines
This sheet contains our calculations for pulling CEA parameters from other supplementary sheets and aggregating them across vaccines before entering them in the "Main CEA" sheet.
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Treatment effect
This sheet contains our calculations of the effect of New Incentives' program on vaccine uptake.
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Disease burden
This sheet contains our calculations of vaccine-preventable disease burden among New Incentives' target population.
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Vaccine coverage
This sheet contains our calculations of baseline vaccination coverage among New Incentives' target population, as well as vaccination coverage among populations represented by GBD disease burden estimates.
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Vaccine efficacy
This sheet contains our calculations of the effect of vaccination on disease incidence for each vaccine incentivized by New Incentives' program.
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Leverage/Funging
This sheet contains our calculations of the impact that crowding in and crowding out funding by other contributors has on the benefits of the program.
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Inputs
This sheet contains all of the manually entered input values informing the CEA, along with the sources and reasoning supporting them. This sheet also contains inputs sourced from the "GBD estimates" sheet.
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GBD estimates
This sheet contains disease burden and population datasets downloaded from the Institute of Health Metrics (IHME)'s Global Burden of Disease (GBD) project.
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Simple CEA
This sheet contains a simplified version of the CEA that is designed to be comparable to our CEAs of other programs.
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Sensitivity analysis
This sheet contains the outputs of a sensitivity analysis macro that tests the cost-effectiveness ranges that would result from updating certain inputs to their 25th or 75th percentile values.
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Terminology key
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Terms specific to this CEA
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BCG vaccineThe Bacillus Calmette-Guerin (BCG) vaccine is designed to prevent tuberculosis and other mycobacterial infections. BCG is one of the vaccines directly incentivized by New Incentives' program.
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Penta vaccineThe pentavalent vaccine (referred to as Penta in this CEA) is a 5-in-1 vaccine that is designed to prevent diphtheria, pertussis, tetanus, hepatitis B, and H. influenza type B infections. Penta is one of the vaccines directly incentivized by New Incentives' program.
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DTP vaccineThe DTP vaccine is designed to prevent diphtheria, pertussis, and tetanus. In Nigeria, the DTP vaccine is typically delivered as part of the Penta vaccine, which is one of the vaccines directly incentivized by New Incentives' program.
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Hib vaccineThe HiB vaccine is designed to prevent H. influenzae type B (Hib) infections. In Nigeria, the Hib vaccine is typically delivered as part of the Penta vaccine, which is one of the vaccines directly incentivized by New Incentives' program.
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PCV vaccineThe pneumococcal conjugate vaccine (PCV) is designed to prevent pneumococcal infections. PCV is one of the vaccines directly incentivized by New Incentives' program.
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Vaccine efficacyThe efficacy rate of a vaccine refers to the reduction in vaccine-targeted disease incidence among people who receive the vaccine compared to those who do not receive the vaccine.
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Vaccine-preventable causesIn this CEA, we use "vaccine-preventable causes" to refer to causes of disease incidence and mortality that are addressable by the specific set of vaccines directly incentivized by New Incentives' program.
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Vaccine-preventable mortalitiesIn this CEA, we use "vaccine-preventable mortalities" to refer to mortalities that we expect would be averted if all children were fully vaccinated with the set of vaccines directly incentivized by New Incentives' program. Because vaccines are not 100% effective, the number of "vaccine-preventable mortalities" will always represent a subset of "mortalities from vaccine-preventable causes."
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MICS surveyMultiple Indicator Cluster Surveys (MICS) are standardized household surveys implemented in many countries to collect data on a variety of indicators, including child vaccination rates.
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Terms used across GiveWell's CEAs
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Internal validityDescribes an adjustment we make to the treatment effect of an intervention to account for the possibility that the treatment effects found in studies may not represent the true effect the intervention had on the populations studied.
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External validityDescribes an adjustment we make to the treatment effect of an intervention to account for differences in the program implementation or populations treated in studies from the program implementation or populations treated by grantee programs.
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LeverageDescribes a situation where a grantee's spending on a program causes other organizations or governments to contribute more to the program than they otherwise would have. In most cases, accounting for leverage increases cost-effectiveness
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FungingDescribes a situation where a grantee's spending on a program causes other organizations or governments to contribute less to the program than they otherwise would have. In most cases, accounting for funging decreases cost-effectiveness.
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CounterfactualIn most cases, describes the state of the world that would exist if we did not provide funding to a grantee for a program. When discussing the "counterfactual value of other actors' spending," we are referring to how much benefit another organization's or government's spending would generate if it were spent on something other than the grantee program.
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Moral weightsTo compare cost-effectiveness across different programs, we use �moral weights’ to quantify the benefits of different program impacts (e.g. increased income vs reduced deaths). We benchmark the value of each benefit to a value of 1, which we define as the value of doubling someone’s consumption for one year.
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Philanthropic actorsNon-governmental organizations (NGOs) providing funding to philanthropic programs.
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Unit and source key
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Unit labels used in the CEA
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#Number
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per 1kRate per 1,000
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per 100k
Rate per 100,000
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$U.S. dollars
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ln($)
The natural logarithm of a monetary value
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%Percentage
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ppt
Percentage points
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UoV
Units of value: an arbitrary unit GiveWell uses to compare the moral value of different types of outcomes, such as saving lives or increasing income
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xcash
Cost-effectiveness in terms of multiples of GiveDirectly's unconditional cash transfer program
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Source labels used in the CEA
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Input
A value pulled from the "Inputs" sheet
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Calc
A value calculated using other values in the same sheet
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Supp
A value pulled from one of the sheets hosting supplemental calculations
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Main
A value pulled from the "Main CEA" sheet
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Feed
A value pulled from an earlier section within the same sheet
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GiveWell analyses informing this model
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Analyses specific to this CEA
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GW's analysis of New Incentives cost per infant immunized
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GW's analysis of the biomarkers pilot results for Nigeria
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GW's analysis of self-report bias in vaccine coverage sources for New Incentives
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GW's analysis of disease etiology for lower respiratory infections and meningitis
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GW's analysis of average household size in Northwest Nigeria
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Analyses referenced across GiveWell's CEAs
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GW's moral weights and discount rate
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GW's supplemental intervention-level adjustments
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GiveWell's CEA for GiveDirectly's unconditional cash transfers
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GW's analysis of the counterfactual value of other actors' spending
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GW's analysis of the counterfactual value of Global Fund spending
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