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The Isolation Paradox and the Discount Rate for Benefit-Cost Analysis

✍ Scribed by Peter G. Warr and Brian D. Wright


Book ID
124317309
Publisher
MIT Press
Year
1981
Tongue
English
Weight
357 KB
Volume
96
Category
Article
ISSN
0033-5533

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Discounting for health effects in cost–b
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## Abstract When health effects can be valued in monetary terms, as in cost–benefit analysis, they should be discounted at the same rate as costs. If health effects are measured in quantities (e.g. quality adjusted life years) as in cost‐effectiveness analysis (CEA) and the value of health effects