Measuring and valuing health benefits for economic evaluation / Professor John Brazier, Professor of Health Economics, School of Health and Related Research, University of Sheffield, UK, Professor Julie Ratcliffe, Professor of Health Economics, Flinders Health Economics Group, School of Medicine, Flinders University, Adelaide, Australia, Professor Joshua A. Saloman, Professor of Global Health, Department of Global Health and Population, Harvard T.H. Chan School of Public Health, Harvard University, USA, Professor Aki Tsuchiya, Professor of Health Economics, School of Health and Related Research, University of Sheffield, UK.

Previous edition: 2007.

Formerly CIP. Uk

Includes bibliographical references and index.

Introduction to the measurement and valuation of health -- Foundations in welfare economics and utility theory : what should be valued? -- Describing health -- Valuing health -- Modelling health state valuation data -- Using ordinal data to estimate cardinal valuations -- Methods for obtaining health state values : generic preference-based measures of health and the alternatives -- Design and analysis of health state valuation data for trial- and model-based economic evaluations -- A QALY is a QALY is a QALY, or is it not? -- Measuring and valuing health : an international perspective.

With limited resources and funding, it is impossible to invest in all potentially beneficial health care interventions. Choices have to be made, and this guide allows the reader to measure and value the benefits of interventions, a key component of economic evaluation, which permits comparisons between interventions.