Chapter
Equity
Abstract
Abstract A basic tenet of economics is that resources are scarce, so it is in the interest of individuals and societies to put them to their best uses. This is the notion underlying allocative efficiency—to get the most for the least. Economic evaluation is a tool to assist with achieving it. Invariably, it requires placing values on both the resources consumed and the consequences their use has produced in order to compare inputs and outputs …
Authors
Culyer AJ; Tompa E
Book title
Economic evaluation of interventions for occupational health and safety
Pagination
pp. 215-232
Publisher
Oxford University Press (OUP)
Publication Date
August 21, 2008
DOI
10.1093/oso/9780199533596.003.0013