Optimal allocation of resources over health care programmes: dealing with decreasing marginal utility and uncertainty
Optimal allocation of resources over health care programmes: dealing with decreasing marginal utility and uncertainty
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DOI:
10.1002/hec.973
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发表时间:
2005-07-01
期刊:
影响因子:
2.1
通讯作者:
van Hout, BA
中科院分区:
文献类型:
--
作者:
Al, MJ;Feenstra, TL;van Hout, BA
This paper addresses the problem of how to value health care programmes with different ratios of costs to effects, specifically when taking into account that these costs and effects are uncertain. First, the traditional framework of maximising health effects with a given health care budget is extended to a flexible budget using a value function over money and health effects. Second, uncertainty surrounding costs and effects is included in the model using expected utility. Other approaches to uncertainty that do not specify a utility function are discussed and it is argued that these also include implicit notions about risk attitude. Copyright (c) 2005 John Wiley & Sons, Ltd.