Journal article
Incremental cost-effectiveness ratios (ICERs): The silence of the lambda
Abstract
Despite the central role of the threshold incremental cost-effectiveness ratio (ICER), or lambda (lambda), in the methods and application of cost-effective analysis (CEA), little attention has been given to the determining the value of lambda. In this paper we consider 'what explains the silence of the lambda'? The concept of the threshold ICER is critically appraised. We show that there is 'silence of the lambda' with respect to justification …
Authors
Gafni A; Birch S
Journal
Social Science & Medicine, Vol. 62, No. 9, pp. 2091–2100
Publisher
Elsevier
Publication Date
May 2006
DOI
10.1016/j.socscimed.2005.10.023
ISSN
0277-9536