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Economic Evaluation is Essential in Healthcare for the Elderly

✍ Scribed by Prof. Dr Reiner Leidl, Diana Stratmann

Book ID
120806833
Publisher
Springer International Publishing AG
Year
1998
Tongue
English
Weight
270 KB
Volume
13
Category
Article
ISSN
1170-229X

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## SUMMARY Important assumptions that underlie cost‐effectiveness analysis (CEA) are that production technologies are convex and that production processes always perform at constant returns to scale. However, in the short run these assumptions are likely to be violated. Therefore, CEAs might overes