Model of Behaviour within Fuzzy Budget Constraints
J. Sussex and
Research Papers from Office of Health Economics
This paper presents a model to capture the behaviour of health sector decision makers when making resource allocation decisions on the level and mix of healthcare production, while taking into consideration the maximum expenditure (budget) allowed by the government or the health system regulator. The paper seeks to address two perennial policy and practical discussions in the UK National Health Service (NHS) (and elsewhere) - how to cope with financial austerity; and the opportunity costs of reimbursing new health technologies.
Keywords: Judging; value; for; money; and; improving; decision; making (search for similar items in EconPapers)
JEL-codes: I1 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
https://www.ohe.org/system/files/private/publicati ... Constraints%20v2.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ohe:respap:001669
Access Statistics for this paper
More papers in Research Papers from Office of Health Economics Contact information at EDIRC.
Bibliographic data for series maintained by Publications Manager ().