Description

Book Synopsis

Cost-effectiveness analysis is becoming an increasingly important tool for decision making in the health systems. Cost-Effectiveness of Medical Treatments formulates the cost-effectiveness analysis as a statistical decision problem, identifies the sources of uncertainty of the problem, and gives an overview of the frequentist and Bayesian statistical approaches for decision making. Basic notions on decision theory such as space of decisions, space of nature, utility function of a decision and optimal decisions, are explained in detail using easy to read mathematics.

Features

  • Focuses on cost-effectiveness analysis as a statistical decision problem and applies the well-established optimal statistical decision methodology.
  • Discusses utility functions for cost-effectiveness analysis.
  • Enlarges the class of models typically used in cost-effectiveness analysis with the incorporation of linear models to account for covari

    Trade Review

    I can guarantee the reader will receive what has promised in the preface from the book and greatly benefit from the easy read, well written and clearly explain contents. [...] This book would be a great place for readers to start learning or expanding what they have known about the topic of economic evaluation for medical treatments.

    - Min-Hua Jen, Journal of the Royal Statistical Society, https://doi.org/10.1111/rssa.12724


    "I strongly recommended this book for readers who are interested in the topic of cost-effectiveness analysis of medical treatments through the advantages of Bayesian framework over frequentist approaches... This book would be a great place for readers to start learning or expanding what they have known about the topic of economic evaluation for medical treatments."

    Min-Hua Jen, Eli Lilli USA, Royal Statistical Society, Series A Statistics in Society, July 2021



    Table of Contents

    Introduction. Economic evaluation in health economics and cost-effectiveness. The cost-effectiveness analysis as a decision problem. Frequentist and Bayesian cost-effectiveness analysis. Subgroups analysis. Cost-effectiveness analysis for heterogeneous data. Codes. References.

Bayesian CostEffectiveness Analysis of Medical

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    £130.06

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    Order before 4pm tomorrow for delivery by Fri 14 Aug 2026.

    A Hardback by Elias Moreno, Francisco Jose Vazquez-Polo, Miguel Angel Negrín-Hernández

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      Publisher: Taylor & Francis Ltd
      Publication Date: Publication Date: 1/29/2019 12:01:00 AM
      ISBN13: 9781138731738, 978-1138731738
      ISBN10: 1138731730

      Description

      Book Synopsis

      Cost-effectiveness analysis is becoming an increasingly important tool for decision making in the health systems. Cost-Effectiveness of Medical Treatments formulates the cost-effectiveness analysis as a statistical decision problem, identifies the sources of uncertainty of the problem, and gives an overview of the frequentist and Bayesian statistical approaches for decision making. Basic notions on decision theory such as space of decisions, space of nature, utility function of a decision and optimal decisions, are explained in detail using easy to read mathematics.

      Features

      • Focuses on cost-effectiveness analysis as a statistical decision problem and applies the well-established optimal statistical decision methodology.
      • Discusses utility functions for cost-effectiveness analysis.
      • Enlarges the class of models typically used in cost-effectiveness analysis with the incorporation of linear models to account for covari

        Trade Review

        I can guarantee the reader will receive what has promised in the preface from the book and greatly benefit from the easy read, well written and clearly explain contents. [...] This book would be a great place for readers to start learning or expanding what they have known about the topic of economic evaluation for medical treatments.

        - Min-Hua Jen, Journal of the Royal Statistical Society, https://doi.org/10.1111/rssa.12724


        "I strongly recommended this book for readers who are interested in the topic of cost-effectiveness analysis of medical treatments through the advantages of Bayesian framework over frequentist approaches... This book would be a great place for readers to start learning or expanding what they have known about the topic of economic evaluation for medical treatments."

        Min-Hua Jen, Eli Lilli USA, Royal Statistical Society, Series A Statistics in Society, July 2021



        Table of Contents

        Introduction. Economic evaluation in health economics and cost-effectiveness. The cost-effectiveness analysis as a decision problem. Frequentist and Bayesian cost-effectiveness analysis. Subgroups analysis. Cost-effectiveness analysis for heterogeneous data. Codes. References.

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