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Interest in the use of net health benefit in cost-effectiveness analysis derives from its optimality property for decision-making. A description of the results of an economic evaluation of health care interventions is incomplete if it does not include point and interval estimates of this outcome...
Persistent link: https://www.econbiz.de/10005200083
Methods for statistical inference for cost-effectiveness (C|E) ratios for individual treatments and for incremental cost-effectiveness (&Dgr;C|&Dgr;E) ratios when two treatments are compared are presented. In a lemma, we relate the relative magnitude of two C|E ratios to the &Dgr;C|&Dgr;E ratio. We describe a...
Persistent link: https://www.econbiz.de/10005209259
Statistical methods are given for producing a cost-effectiveness frontier for an arbitrary number of programs. In the deterministic case, the net health benefit (NHB) decision rule is optimal; the rule funds the program with the largest positive NHB at each &lgr;, the amount a decision-maker is...
Persistent link: https://www.econbiz.de/10005689832
We demonstrate that average cost-effectiveness ratios (CERs) play an important role in the evaluation of the cost-effectiveness of treatments. Criticisms of the usefulness of CERs derive mostly from the context of resource allocation under a constrained budget in which some decisions are based...
Persistent link: https://www.econbiz.de/10005442708
Both incremental cost-effectiveness ratios and net benefits have been proposed as summary measures for use in cost-effectiveness analyses. We present a unifying proof of the optimality and equivalence of ICER- and net benefit-based approaches to the health resource allocation problem, including...
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Recently, there have been advances in the development of multidimensional poverty measures. Work is needed however on how to implement such measures. This paper deals with the process of selecting dimensions and setting weights in multidimensional poverty measurement using qualitative and...
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