On the possibility of a bridge between CBA and CEA: Comments on a paper by Dolan and Edlin

B. O. Hansen, Jens Hougaard (), Hans Keiding and Lars Peter Østerdal
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B. O. Hansen: Institute of Economics, Copenhagen Business School
Hans Keiding: Institute of Public Health, University of Copenhagen

No 02-21, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: In a recent work by Dolan and Edlin it is concluded that no link can be established between cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA). However, the conclusion seems to depend rather heavily on what is understood by a link between CBA and CEA as well as on the exact meaning of the latter two terms. We argue that there is at least one approach to CBA and CEA in which the two are very intimately linked. On the other hand, the limitations in the access to preference information has consequences for the kind of questions that can be meaningfully addresses in both CBA and CEA.

Keywords: cost-benefit analysis; cost-effectiveness analysis; aggregation of preferences; quality-adjusted life years (search for similar items in EconPapers)
JEL-codes: I10 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2002-11
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http://www.econ.ku.dk/english/research/publications/wp/2002/0221.pdf/ (application/pdf)

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Journal Article: On the possibility of a bridge between CBA and CEA: comments on a paper by Dolan and Edlin (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:0221

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