## SUMMARY Important assumptions that underlie costβeffectiveness 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
Issues for statisticians in pharmaco-economic evaluations
β Scribed by A. P. Grieve
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 98 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0277-6715
No coin nor oath required. For personal study only.
β¦ Synopsis
Economic evaluations of new pharmaceutical products are of increasing importance to pharmaceutical companies. In this paper we investigate a number of topics of greater or lesser importance to statisticians who need to involve themselves in pharmaco-economic evaluations. These range from the need to consider whether traditional randomized clinical trials provide the most appropriate setting for an economic evaluation, to the more technical question of how to handle cost-effectiveness ratio data, including the issue of the most appropriate inferential apparatushypothesis testing, confidence intervals or Bayesian methods.
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