Arbeitspapier
The science of making better decisions about health: Cost-effectiveness and cost-benefit analysis
Despite spending far more on medical care, Americans live shorter lives than the citizens of other high-income countries. The situation has been getting worse for at least three decades. This paper describes the main scientific methods for guiding the allocation of resources to health - cost-effectiveness analysis (CEA) and cost-benefit analysis (CBA), sketches their methodological progress over the last several decades, and presents examples of how medical practice in other high-income countries, where people live longer, follows the priorities indicated by cost-effectiveness analysis. CEA and CBA support democratic decision-making processes, which have themselves benefited from scientific inquiry; these are touched on at the end of the paper.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2014-06
- Klassifikation
-
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
- Thema
-
cost-effectiveness analysis
cost-benefit analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Russell, Louise B.
- Ereignis
-
Veröffentlichung
- (wer)
-
Rutgers University, Department of Economics
- (wo)
-
New Brunswick, NJ
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Russell, Louise B.
- Rutgers University, Department of Economics
Entstanden
- 2014
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