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Utility and Cost-Utility Analysis

Diana B. Petitti

in Meta-Analysis, Decision Analysis, and Cost-Effectiveness Analysis

Published in print:
1999
Published Online:
September 2009
ISBN:
9780195133646
eISBN:
9780199863761
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195133646.003.13
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

Utility and cost-utility analysis seek to assess the effects of interventions on outcomes that reflect the preferences of individuals or society for a health outcome. Quality-adjusted life years ... More


Distribution of Life

Mark S. Stein

in Distributive Justice and Disability: Utilitarianism against Egalitarianism

Published in print:
2006
Published Online:
October 2013
ISBN:
9780300100570
eISBN:
9780300128253
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300100570.003.0011
Subject:
Philosophy, Political Philosophy

This chapter examines utilitarian and egalitarian approaches to the distribution of scarce life-saving medical resources, or distribution of life. It shows how utilitarianism is able to endorse ... More


Economic Evaluation Tools for Evidence-Based Policymaking

Mario Mazzocchi, W. Bruce Traill, and Jason F. Shogren

in Fat Economics: Nutrition, Health, and Economic Policy

Published in print:
2009
Published Online:
October 2011
ISBN:
9780199213856
eISBN:
9780191695902
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199213856.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter aims to quantify the damaging effects obesity by using an economic toolkit. It offers case studies to support the conceptual analysis. It assesses the cost of obesity and distinguishes ... More


Should health gains by children be given the same value as health gains by adults in an economic evaluation framework?

Stavros Petrou

in Economic Evaluation in Child Health

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199547494
eISBN:
9780191720055
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199547494.003.15
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

Evidence suggesting that a unit of health gain by a child is not of equal value to a unit of health gain by an adult would suggest that age should be considered as an important criterion in health ... More


Health and Subjective Well‐Being

Bernard Van Praag

in Happiness Quantified: A Satisfaction Calculus Approach

Published in print:
2007
Published Online:
May 2008
ISBN:
9780199226146
eISBN:
9780191718595
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199226146.003.0009
Subject:
Economics and Finance, Behavioural Economics

This chapter examines the possibility of measuring the effects of specific diseases on health and quality of life. Two methods have made this possible. The first is the satisfaction model developed ... More


Using health and subjective well-being for quality of life measurement: a review

Robert A. Cummins and Anna L.D. Lau

in Social Policy Review 18: Analysis and debate in social policy, 2006

Published in print:
2006
Published Online:
March 2012
ISBN:
9781861348449
eISBN:
9781447303459
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781861348449.003.0009
Subject:
Sociology, Social Research and Statistics

This chapter focuses on the relevance of SWB as a possible policy goal, and examines issues of measurement. It reviews and critiques different measures of health and well-being and explains the ... More


Is more aggressive treatment of pediatric traumatic brain injury worth it?

J. Mick Tilford and Ali I. Raja

in Economic Evaluation in Child Health

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199547494
eISBN:
9780191720055
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199547494.003.09
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

Traumatic brain injury (TBI) is a major health problem worldwide and is often referred to as the ‘silent epidemic’. The uncertainty faced by clinicians in treating children with severe brain injuries ... More


Measuring Preferences for Health States

Diana B. Petitti

in Meta-Analysis, Decision Analysis, and Cost-Effectiveness Analysis

Published in print:
1999
Published Online:
September 2009
ISBN:
9780195133646
eISBN:
9780199863761
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195133646.003.11
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

This chapter discusses the concept of utility as it is applied in decision analysis and cost analysis. It introduces quality-adjusted life years (QALYs) as an outcome metric that is commonly used in ... More


Limitations

Diana B. Petitti

in Meta-Analysis, Decision Analysis, and Cost-Effectiveness Analysis

Published in print:
1999
Published Online:
September 2009
ISBN:
9780195133646
eISBN:
9780199863761
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195133646.003.17
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

Having taken a position of advocacy for the use of the three synthesis methods in the first sixteen chapters, this chapter identifies the serious limitations of the methods both theoretical and ... More


Theoretical Foundations of Medical Cost-Effectiveness Analysis: Implications for the Measurement of Benefits and Costs of Medical Interventions

David Meltzer

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0003
Subject:
Economics and Finance, Econometrics

Increasingly, both private and public health care institutions in the United States are looking toward medical cost-effectiveness analysis as they consider complex resource allocation decisions ... More


Valuing Health Outcomes

David Feeny, Murray Krahn, Lisa A. Prosser, and Joshua A. Salomon

in Cost-Effectiveness in Health and Medicine

Published in print:
2016
Published Online:
November 2016
ISBN:
9780190492939
eISBN:
9780190492960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190492939.003.0007
Subject:
Public Health and Epidemiology, Public Health

This chapter examines preference-based measures of health-related quality of life that are used to estimate the health effects of interventions. The chapter focuses on quality-adjusted life years ... More


Allocation of Scarce, Life-Saving Resources

Samuel J. Kerstein

in How to Treat Persons

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199692033
eISBN:
9780191748813
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199692033.003.0006
Subject:
Philosophy, Moral Philosophy, Political Philosophy

This chapter explores what it means to respect persons when scarce, life-saving resources (e.g., flu treatment) must be distributed. In different age cases, both an older person and a younger one ... More


Health And Subjective Well‐Being

Bernard Van Praag

in Happiness Quantified: A Satisfaction Calculus Approach

Published in print:
2004
Published Online:
January 2005
ISBN:
9780198286547
eISBN:
9780191718601
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286546.003.0009
Subject:
Economics and Finance, Microeconomics

This chapter examines the possibility of measuring the effects of specific diseases on health and quality of life. Two methods have made this possible. The first is the satisfaction model developed ... More


Benefits from improved health

Jan Abel Olsen

in Principles in Health Economics and Policy

Published in print:
2017
Published Online:
September 2017
ISBN:
9780198794837
eISBN:
9780191836329
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198794837.003.0018
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

This chapter starts with an inquiry into the nature of different outcome measures that are being used in the medical literature, emphasizing an important distinction between incommensurable versus ... More


Basics of Monetizing Outcomes

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0003
Subject:
Business and Management, Strategy

This chapter discusses the principles behind monetizing individual outcomes, the analytical springboard for the concept of smart philanthropy. Funders virtually always have a choice of outcomes that ... More


Valuing Health: Well-Being, Freedom, and Suffering

Daniel M. Hausman

Published in print:
2015
Published Online:
April 2015
ISBN:
9780190233181
eISBN:
9780190233204
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190233181.001.0001
Subject:
Philosophy, Moral Philosophy

Those who are responsible for health policy want to know how seriously diseases, injuries, and risk factors diminish health and how significantly different policies improve health. To provide this ... More


Cost-Effectiveness and Cost–Benefit Analysis

George C. Davis and Elena L. Serrano

in Food and Nutrition Economics: Fundamentals for Health Sciences

Published in print:
2016
Published Online:
November 2017
ISBN:
9780199379118
eISBN:
9780190876609
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199379118.003.0016
Subject:
Public Health and Epidemiology, Public Health

Chapter 16 gives an overview of cost-effectiveness and cost-benefit analysis. Every year millions of dollars are spent on food and nutrition intervention programs that are designed to improve health. ... More


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