Applications of cost-benefit analysis to health care. Departures from welfare economic theory.

摘要: In applying the principles of cost-benefit analysis to real world problems resource allocation particular care must be taken ensure that welfare economic theory which underlies technique is adhered to. Major arise where costs and benefits are used interchangeably represent good bad attributes a programme. Furthermore, in presence mutually exclusive projects, focussing attention upon net (or ratios) individual projects as opposed use budgeted resources can lead biased estimates shadow price and, consequently, errors analysts' conclusions. As result, appraisals not directly relevant for choosing between different sizes. Both types problem illustrated by reference both simple examples published health techniques. Integer programming proposed demonstrated method selecting projects.