Measuring and Valuing Health Benefits for Economic Evaluation

John Brazier (), Julie Ratcliffe, Joshua A. Salomon and Aki Tsuchiya ()
Additional contact information
Julie Ratcliffe: Senior Research Fellow, School of Health and Related Research, University of Sheffield, UK
Joshua A. Salomon: Assistant Professor of International Health, Department of Population and International Health, Harvard School of Public Health, Harvard University, USA

in OUP Catalogue from Oxford University Press

Abstract: There are not enough resources in health care systems around the world to fund all technically feasible and potentially beneficial health care interventions. Difficult choices have to be made, and economic evaluation offers a systematic and transparent process for informing such choices. A key component of economic evaluation is how to value the benefits of health care in a way that permits comparison between health care interventions. In addition, the establishment of the National Institute for Health and Clinical Excellence (NICE) and similar bodies around the world which require cost-effectiveness evidence to be in the form of incremental cost per QALY has resulted in an explosion of theoretical and empirical work in the field. This is the first comprehensive textbook concerning the measurement and valuation of health benefits for economic evaluation, an area which continues to be a major source of debate. The books addresses the key questions in the measurement and valuation of health, including: the definition of health, the techniques of valuation, who should provide the values, techniques for modelling health state values, the appropriateness of tools in children and vulnerable groups, cross cultural issues, and the problem of choosing the right instrument. The book concludes with a discussion of the way forward in light of the substantial methodological differences, the role of normative judgements, and where further research is most likely to take this fascinating component of health economics.

Date: 2007
ISBN: 9780198569824
References: Add references at CitEc
Citations: View citations in EconPapers (128)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Book: Measuring and Valuing Health Benefits for Economic Evaluation (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oxp:obooks:9780198569824

Ordering information: This item can be ordered from
http://ukcatalogue.o ... uct/9780198569824.do

Access Statistics for this book

More books in OUP Catalogue from Oxford University Press
Bibliographic data for series maintained by Economics Book Marketing ().