EPA Value of Information Report

EPA developed a Value of Information (VOI) decision frameworks to evaluate the ETAP compared to toxicity testing in traditional human health assessments. This socio-economic analysis compares the public health (i.e., societal health benefits) and economic trade-offs associated with the ETAP as compared to traditional toxicity testing and human health assessment. The VOI results suggest a more timely new assessment product, like the ETAP, has significant public health and economic benefits compared with the traditional toxicity testing and human health assessment process.