Author:
Phelps Charles E.,Mushlin Alvin I.
Abstract
AbstractMany people believe that cost-effectiveness (CE) and cost-benefit (CB) analyses require different assumptions. However, when CE analysis supports decisions to use medical resources, it makes the same assumptions that CB analysis requires. They are mathematically equivalent. Differences between CE and CB hinge more on reporting style than on fundamental assumptions.
Publisher
Cambridge University Press (CUP)
Cited by
109 articles.
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