HESA 5341 Lecture Notes - Lecture 9: Visual Analogue Scale, Revealed Preference, Session 9
10 Mar 2018
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Types of (cid:862)full(cid:863) e(cid:272)o(cid:374)o(cid:373)i(cid:272) evaluatio(cid:374)s: cost-effectiveness analysis, cost-utility analysis, cost-benefit analysis. Two main problems with cea: cannot compare alternatives with different outcomes. Ignores quality of life (qol) measures five years in poor health and 5 in good health similarly. Focus of cost-utility analysis on the quality of the health outcome that is being attained. Other measures that combine length and quality of life: disability adjusted life years (dalys, healthy-year equivalents (hyes) If you use a natural unit, use only years gained or disease adverted. Qol is a very broad concept; you can name it housing, health, finance, etc: all can contribute to your quality of life. Health-related qol is narrower concept that covers aspects of life influenced by physical, mental and social well-being. When to use cua: when a program has a wide range of outcomes and we wish to have a common unit of output for comparison. Qaly a year of life adjusted for its quality or its value.
