Journal article
Applications of cost-benefit analysis to health care Departures from welfare economic theory
Abstract
In applying the principles of cost-benefit analysis to real world problems of resource allocation particular care must be taken to ensure that the welfare economic theory which underlies the cost-benefit technique is adhered to. Major problems arise where costs and benefits are used interchangeably to represent the good and bad attributes of a programme. Furthermore, in the presence of mutually exclusive projects, focussing attention upon the …
Authors
Birch S; Donaldson C
Journal
Journal of Health Economics, Vol. 6, No. 3, pp. 211–225
Publisher
Elsevier
Publication Date
9 1987
DOI
10.1016/0167-6296(87)90009-9
ISSN
0167-6296