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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4164 |
来源ID | Working Paper 4164 |
Economic Foundations of Cost Effective Analysis | |
Alan M. Garber; Charles E. Phelps | |
发表日期 | 1992-09-01 |
出版年 | 1992 |
语种 | 英语 |
摘要 | In order to address several controversies in the application 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. We investigate its relation to age, gender, income level, and risk aversion. Cost-effectiveness analysis can be a useful and powerful tool for resource allocation decisions, but in the presence of heterogeneous preferences and personal characteristics, a cost-effectiveness criterion that is applied at the population level is unlikely to yield pareto-optimal resource allocations. |
主题 | Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w4164 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561518 |
推荐引用方式 GB/T 7714 | Alan M. Garber,Charles E. Phelps. Economic Foundations of Cost Effective Analysis. 1992. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4164.pdf(2172KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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