On the interpretation of cost-effectiveness acceptability curves

Mickael Löthgren () and Niklas Zethraeus ()
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Mickael Löthgren: Dept. of Economic Statistics, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, S-113 83 Stockholm, Sweden
Niklas Zethraeus: Centre for Health Economics, Postal: Stockholm School of Economics, P.O. Box 6501, S-113 83 Stockholm, Sweden

No 323, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: This paper discusses the definition, computation and interpretation of cost-effectiveness acceptability curves. A formal definition of the cost-effectiveness acceptability curve based on the net benefit approach is provided. The curve can be computed using parametric or non-parametric techniques and for both computational approaches we establish a formal relation between the cost-effectiveness acceptability curve and statistical inference based on confidence intervals and P-values in cost-effectiveness analysis.

Keywords: Cost-effectiveness analysis; Cost-effectivenesss acceptability curve; net benefit approach; hypothesis testing; confidence intervals (search for similar items in EconPapers)
JEL-codes: I10 (search for similar items in EconPapers)
Pages: 13 pages
Date: 1999-06-11, Revised 2000-05-02
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Citations: View citations in EconPapers (2)

Published in Health Economics, 2000, pages 623-630.

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:hastef:0323

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