Source:http://linkedlifedata.com/resource/pubmed/id/10167341
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Predicate | Object |
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rdf:type | |
lifeskim:mentions | |
pubmed:issue |
1
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pubmed:dateCreated |
1997-6-18
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pubmed:abstractText |
To address controversies in the applications of cost-effectiveness analysis, we investigate the principles underlying the technique and discuss the implications for the evaluation of medical interventions. Using a standard von Neumann-Morgenstern utility framework, we show how a cost-effectiveness criterion can be derived to guide resource allocation decisions, and how it varies with age, gender, income level, and risk aversion. Although cost-effectiveness analysis can be a useful and powerful tool for resource allocation decisions, a uniform cost-effectiveness criterion that is applied to a heterogeneous population level is unlikely to yield Pareto-optimal resource allocations.
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pubmed:grant | |
pubmed:commentsCorrections | |
pubmed:language |
eng
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pubmed:journal | |
pubmed:citationSubset |
H
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pubmed:status |
MEDLINE
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pubmed:month |
Feb
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pubmed:issn |
0167-6296
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pubmed:author | |
pubmed:issnType |
Print
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pubmed:volume |
16
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pubmed:owner |
NLM
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pubmed:authorsComplete |
Y
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pubmed:pagination |
1-31
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pubmed:dateRevised |
2008-9-30
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pubmed:meshHeading |
pubmed-meshheading:10167341-Cost-Benefit Analysis,
pubmed-meshheading:10167341-Health Care Costs,
pubmed-meshheading:10167341-Health Policy,
pubmed-meshheading:10167341-Health Services Research,
pubmed-meshheading:10167341-Models, Econometric,
pubmed-meshheading:10167341-Quality-Adjusted Life Years,
pubmed-meshheading:10167341-United States
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pubmed:year |
1997
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pubmed:articleTitle |
Economic foundations of cost-effectiveness analysis.
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pubmed:affiliation |
Veterans Affairs Palo Alto Health Care System, CA, USA. garber@stanford.edu
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pubmed:publicationType |
Journal Article,
Research Support, U.S. Gov't, P.H.S.,
Research Support, Non-U.S. Gov't
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