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Cost–benefit analysis is the only method of economic evaluation which can effectively indicate whether a health care treatment or intervention is worthwhile. This book attempts to build a bridge between cost–benefit analysis, as developed by economists, and the health care evaluation...
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A binary probit model based on random utility theory is employed to obtain the implicit determinants of alcohol treatment effectiveness revealed by decisions made by programme evaluators of behavioural changes by patients. A scale of equivalences for the behavioural variables is constructed...
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If cost-effectiveness and cost-benefit analyses are to produce identical rankings of programs, there is a simple equivalence between the criteria that enables one to derive a value for the effect that is being maximized. The value depends on knowing two magnitudes: (1) the cutoff...
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