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Theory and Methods of Economic Evaluation of Health Care
Beginning of article
Theory and Methods of Economic Evaluation of Health Care, by Magnus Johannesson (Kluwer Academic Publishers, 1996).
In this book, Magnus Johannesson is motivated by the unclear theoretical foundations for traditional cost-benefit and cost-utility analyses to provide a framework for economic evaluation in the health care field. Although a majority of the text deals with specific problems in conducting cost-benefit analysis, the introductory chapters provide an excellent overview of relevant economic principles. The development of specific economic concepts, such as willingness to pay (WTP) and the social welfare function, is important for the subsequent chapters that address the …
