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Trying to do better than average: a commentary on ‘statistical inference for cost-effectiveness ratios’

✍ Scribed by Andrew Briggs; Paul Fenn


Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
63 KB
Volume
6
Category
Article
ISSN
1057-9230

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✦ Synopsis


In a recent paper, Laska, Meisner and Siegel address issues concerning hypothesis testing in cost-effectiveness analysis. They relate the relative magnitude of two average cost-effectiveness ratios to the incremental cost-effectiveness ratio and go on to propose a statistical procedure for testing the equality of two average ratios. In this paper, we show why the use of average cost-effectiveness ratios is misleading and argue that the appropriate focus for cost-effectiveness analysis is the estimation of confidence intervals around incremental cost-effectiveness ratios.