O'Hagan, A. and Stevens, J.W. (2002) The probability of cost-effectiveness. BMC Medical Research Methodology, 2 (1). p. 5. ISSN 1471-2288
Abstract
BACKGROUND:
The study of cost-effectiveness comparisons between competing medical interventions has led to a variety of proposals for quantifying cost-effectiveness. The differences between the various approaches can be subtle, and one purpose of this article is to clarify some important distinctions.
DISCUSSION:
We discuss alternative measures in the framework of individual, patient-level, incremental net benefits. In particular we examine the probability of cost-effectiveness for an individual, proposed by Willan.
SUMMARY:
We argue that this is a useful addition to the range of cost-effectiveness measures, but will be of secondary interest to most decision makers. We also demonstrate that Willan's proposed estimate of this probability is logically flawed.
Metadata
| Item Type: | Article |
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| Authors/Creators: |
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| Copyright, Publisher and Additional Information: | © 2002 O'Hagan and Stevens; licensee BioMed Central Ltd. This is an Open Access article: verbatim copying and redistribution of this article are permitted in all media for any purpose, provided this notice is preserved along with the article's original URL. |
| Dates: |
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| Institution: | The University of Sheffield |
| Academic Units: | The University of Sheffield > University of Sheffield Research Centres and Institutes > Centre for Bayesian Statistics and Health Economics (Sheffield) |
| Depositing User: | Sheffield Import |
| Date Deposited: | 05 Oct 2009 11:58 |
| Last Modified: | 08 Oct 2009 10:16 |
| Published Version: | http://www.biomedcentral.com/1471-2288/2/5 |
| Status: | Published |
| Publisher: | Biomed Central |
| Identification Number: | 10.1186/1471-2288-2-5 |
| Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:9718 |
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