Main description:

This book provides the reader with a comprehensive set of instructions and examples of how to perform a cost-benefit analysis (CBA) of a health intervention. Developed out of a course run by Jordan Louviere at the University of Technology, Sydney, entitled An Introduction to Stated Preference Discrete Choice Modelling it has a particular focus on the use of stated preference survey methods to identify consumer preference data, as well as the use of recent
developments in cost-effectiveness analysis within a CBA framework. In doing so, the most up to date methodologies for CBA are compiled in a comprehensive manner with the aim of advancing the methodology of CBA in healthcare.

ABOUT THE SERIES
Series editors Alastair Gray and Andrew Briggs

Economic evaluation of health intervention is a growing specialist field, and this series of practical handbooks tackles, in depth, topics superficially addressed in more general economics books. Each volume includes illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. The series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced
health economics courses, and health researchers in associated fields.

Contents:

Series preface ; Contributors ; Web resources ; Acknowledgements ; 1. Introduction ; 2. Methods for evaluating health and healthcare - underlying theory and implications for practical application ; 3. Shadow pricing in healthcare cost benefit analyses ; 4. Costing methodology for applied cost-benefit analysis in healthcare ; 5. Valuation and cost-benefit analysis in health and environmental economics ; 6. Benefit assessment for CBA studies in healthcare using CV methods ; 7. Benefit assessment for CBA studies in healthcare: A guide to carrying out a stated preference willingness to pay survey in healthcare ; 8. Applied cost-benefit analysis in healthcare: An empirical application in spinal surgery ; 9. Using revealed preference methods to value healthcare - the travel cost approach ; 10. Experimental design and the estimation of willingness to pay in choice experiments for health policy evaluation ; 11. Benefit assessment for CBA studies in health care using discrete choice experiments: Estimating welfare in a health care setting ; 12. A practical guide to reporting and presenting stated preference discrete choice experiment results in CBA studies in healthcare ; 13. The relevance of cost-benefit analysis in healthcare: concluding comments