The probability of cost-effectiveness
<p>Abstract</p> <p>Background</p> <p>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 o...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
BMC
2002-03-01
|
| Series: | BMC Medical Research Methodology |
| Online Access: | http://www.biomedcentral.com/1471-2288/2/5 |
| _version_ | 1828274456114495488 |
|---|---|
| author | Stevens John W O'Hagan Anthony |
| author_facet | Stevens John W O'Hagan Anthony |
| author_sort | Stevens John W |
| collection | DOAJ |
| description | <p>Abstract</p> <p>Background</p> <p>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.</p> <p>Discussion</p> <p>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.</p> <p>Summary</p> <p>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.</p> |
| first_indexed | 2024-04-13T06:34:49Z |
| format | Article |
| id | doaj.art-84d8284e77fc40e2a28758bc1eb7a31b |
| institution | Directory Open Access Journal |
| issn | 1471-2288 |
| language | English |
| last_indexed | 2024-04-13T06:34:49Z |
| publishDate | 2002-03-01 |
| publisher | BMC |
| record_format | Article |
| series | BMC Medical Research Methodology |
| spelling | doaj.art-84d8284e77fc40e2a28758bc1eb7a31b2022-12-22T02:57:57ZengBMCBMC Medical Research Methodology1471-22882002-03-0121510.1186/1471-2288-2-5The probability of cost-effectivenessStevens John WO'Hagan Anthony<p>Abstract</p> <p>Background</p> <p>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.</p> <p>Discussion</p> <p>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.</p> <p>Summary</p> <p>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.</p>http://www.biomedcentral.com/1471-2288/2/5 |
| spellingShingle | Stevens John W O'Hagan Anthony The probability of cost-effectiveness BMC Medical Research Methodology |
| title | The probability of cost-effectiveness |
| title_full | The probability of cost-effectiveness |
| title_fullStr | The probability of cost-effectiveness |
| title_full_unstemmed | The probability of cost-effectiveness |
| title_short | The probability of cost-effectiveness |
| title_sort | probability of cost effectiveness |
| url | http://www.biomedcentral.com/1471-2288/2/5 |
| work_keys_str_mv | AT stevensjohnw theprobabilityofcosteffectiveness AT ohagananthony theprobabilityofcosteffectiveness AT stevensjohnw probabilityofcosteffectiveness AT ohagananthony probabilityofcosteffectiveness |