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Potential Inconsistencies Between Cost-Effectiveness and Cost-Utility Analyses: An Upstairs/Downstairs Socioeconomic Distinction

Published online by Cambridge University Press:  10 March 2009

Brian E. Rittenhouse
Affiliation:
University of North Carolina at Chapel Hill

Abstarct

This paper indicates that certain economic evaluation methods (cost-effectiveness and cost-utility analyses) may yield inconsistent results. Along with the lack of formal grounding of these methods in economic “first principles,” this finding suggests the possible benefit of greater reliance on the more formally developed method of cost-benefit analysis.

Type
Research Note
Copyright
Copyright © Cambridge University Press 1995

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