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 literature which relies on other evaluation approaches such as cost-minimization, cost-effectiveness analysis and cost-utility analysis.Robert Brent explains the many different ways in which these other valuation techniques can be converted into cost-benefit analysis and examines both the traditional (human capital) and modern (willingness to pay) approaches. Case studies are used throughout to explain and illustrate the various methodologies being examined. The author follows an applied economics approach, in which methods and ideas are evaluated according to practicability and not according to their theoretical purity. Ultimately, he resolves a number of disputes and makes some new, but subtle, contributions by reinterpreting, correcting and extending existing work. The book covers the topic in an accessible manner, from the foundations to the frontiers of the field, and clearly explains all the necessary economic principles along the way.
Cost-Benefit Analysis and Health Care Evaluations will be invaluable to students and researchers of economics, public policy and health care policy, as well as policymakers and health care practitioners. It can also be used as a comprehensive introductory text by anyone with an interest in cost-benefit analysis.
- ISBN10 1840648449
- ISBN13 9781840648447
- Publish Date 26 February 2003
- Publish Status Out of Print
- Out of Print 15 March 2017
- Publish Country GB
- Imprint Edward Elgar Publishing Ltd
- Format Hardcover
- Pages 400
- Language English