When Do the Dollars Make Sense? : Toward a Conceptual Framework for Contingent Valuation Studies in Health Care

When Do the Dollars Make Sense? : Toward a Conceptual Framework for Contingent Valuation Studies in Health Care

Author: Gafni, Amiram

Publisher: Hamilton, Ont. : Centre for Health Economics and Policy Analysis, McMaster University

Published: 1995

Total Pages: 51

ISBN-13:

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There is a growing interest in the application of cost-benefit analysis (CBA) as a technique for the economic evaluation of health care programmes. A distinguishing feature of CBA is that costs and benefits are expressed in the same units of value - typically money. A popular method for estimating money values for health care programmes is the use of willingness-to-pay (or accept) survey techniques known as contingent valuation. In this paper we present a conceptual framework to help in the interpretation or design of contingent valuation studies in health care. To be consistent with the theory upon which CBA is built we consider what types of questions should be asked of what populations. We conclude that studies undertaking contingent valuation should distinguish between compensating and equivalent variation, and recognize that respondents can be gainers or losers in utility and therefore should be asked willingness-to-pay or accept questions as appropriate.


Contingent Valuation

Contingent Valuation

Author: R. Carson

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 464

ISBN-13: 085793628X

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This major reference work the first of its kind provides a comprehensive and authoritative introduction to the large and growing literature on contingent valuation. It includes entries on over 7,500 contingent valuation papers and studies from over 130 countries covering both the published and grey literatures. This book provides an interpretive historical account of the development of contingent valuation, the most commonly used approach to placing a value on goods not normally sold in the marketplace. The major fields catalogued here include culture, the environment, and health application. This bibliography is an ideal starting point for researchers wanting to find other studies that have valued goods or used techniques similar to those they are interested in. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. For those wanting to conduct meta analyses, the book will serve as an invaluable guide to source material. In addition to the print edition we offer access, for purchasers of the book, to a website providing the contents of as a searchable Word document and in a variety of standard bibliographic database forms. Contingent Valuation is an indispensable reference source for researchers, scholars and policymakers concerned with survey approaches to the problem of environmental valuation.


Applied Methods of Cost-Benefit Analysis in Health Care

Applied Methods of Cost-Benefit Analysis in Health Care

Author: Emma McIntosh

Publisher: Oxford University Press

Published: 2010-06-24

Total Pages: 282

ISBN-13: 0199237123

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This book provides the reader with a comprehensive set of instructions and examples of how to perform a cost-benefit analysis (CBA) of a health intervention. Developed out of a course run by Jordan Louviere at the University of Technology, Sydney, entitled An Introduction to Stated Preference Discrete Choice Modelling it has a particular focus on the use of stated preference survey methods to identify consumer preference data, as well as the use of recent developments incost-effectiveness analysis within a CBA framework. In doing so, the most up to date methodologies for CBA are compiled in a comprehensive manner with the aim of advancing the methodology of CBA in healthcare.ABOUT THE SERIESSeries editors Alastair Gray and Andrew BriggsEconomic evaluation of health intervention is a growing specialist field, and this series of practical handbooks tackles, in depth, topics superficially addressed in more general economics books. Each volume includes illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. The series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advancedhealth economics courses, and health researchers in associated fields.


Methods for the Economic Evaluation of Health Care Programmes

Methods for the Economic Evaluation of Health Care Programmes

Author: Michael Drummond

Publisher: Oxford University Press, USA

Published: 2015

Total Pages: 461

ISBN-13: 0199665885

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This highly successful textbook is now in its fourth edition, and has been extensively updated in order to keep pace with the considerable advances in theory and practice in recent years.


Using Cost-effectiveness Analysis to Improve Health Care

Using Cost-effectiveness Analysis to Improve Health Care

Author: Peter J. Neumann

Publisher: Oxford University Press, USA

Published: 2005

Total Pages: 224

ISBN-13: 0195171861

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Much evidence suggests that the US does not achieve good value for its health care spending. This book provides a unique perspective on this problem by considering the economic, social, political, and ethical factors that contribute to it, and by seeking to show how experience can guide better policy making in the future.


The Critical Link 3

The Critical Link 3

Author: Louise Brunette

Publisher: John Benjamins Publishing

Published: 2003-01-01

Total Pages: 377

ISBN-13: 9027216525

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Methods for the Economic Evaluation of Health Care Programmes

Methods for the Economic Evaluation of Health Care Programmes

Author: M. F. Drummond

Publisher:

Published: 2005

Total Pages: 404

ISBN-13: 9780198529453

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The highly successful textbook Methods for the Economic Evaluation of Health Care is now available in its third edition. Over the years it has become the standard textbook in the field world-wide. It mirrors the huge expansion of the field of economic evaluation in health care. This new edition builds on the strengths of previous editions being clearly written in a style accessible to a wide readership. Key methodological principles are outlined using a critical appraisal checklist that can be applied to any published study. The methodological features of the basic forms of analysis are then explained in more detail with special emphasis of the latest views on productivity costs, the characterization of uncertainty and the concept of net benefit. The book has been greatly revised and expanded especially concerning analyzing patient-level data and decision-analytic modeling. There is discussion of new methodological approaches, including cost effectiveness acceptability curves, net benefit regression, probalistic sensitivity analysis and value of information analysis. There is an expanded chapter on the use of economic evaluation, including discussion of the use of cost-effectiveness thresholds, equity considerations and the transferability of economic data. This new edition is required for anyone commissioning, undertaking or using economic evaluations in health care, and will be popular with health service professionals, health economists, pharmacists and health care decision makers. It is especially relevant for those taking pharmacoeconomics courses.


Encyclopedia of Medical Decision Making

Encyclopedia of Medical Decision Making

Author: Michael W. Kattan

Publisher: SAGE

Published: 2009-08-18

Total Pages: 1281

ISBN-13: 1412953723

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The Encyclopedia of Medical Decision Making presents state-of-the-art research and ready-to-use facts sorting out findings on medical decision making and their applications.


Handbook of Health Economics

Handbook of Health Economics

Author: A J. Culyer

Publisher: Elsevier

Published: 2000-07-19

Total Pages: 1000

ISBN-13: 0080544177

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The Handbook of Health Economics provide an up-to-date survey of the burgeoning literature in health economics. As a relatively recent subdiscipline of economics, health economics has been remarkably successful. It has made or stimulated numerous contributions to various areas of the main discipline: the theory of human capital; the economics of insurance; principal-agent theory; asymmetric information; econometrics; the theory of incomplete markets; and the foundations of welfare economics, among others. Perhaps it has had an even greater effect outside the field of economics, introducing terms such as opportunity cost, elasticity, the margin, and the production function into medical parlance. Indeed, health economists are likely to be as heavily cited in the clinical as in the economics literature. Partly because of the large share of public resources that health care commands in almost every developed country, health policy is often a contentious and visible issue; elections have sometimes turned on issues of health policy. Showing the versatility of economic theory, health economics and health economists have usually been part of policy debates, despite the vast differences in medical care institutions across countries. The publication of the first Handbook of Health Economics marks another step in the evolution of health economics.