1st Edition

The Economics of Resource Allocation in Health Care Cost-utility, social value, and fairness

By Andrea Klonschinski Copyright 2016
252 Pages
by Routledge

252 Pages 5 B/W Illustrations
by Routledge

252 Pages 5 B/W Illustrations
by Routledge

The question of how to allocate scarce medical resources has become an important public policy issue in recent decades. Cost-utility analysis is the most commonly used method for determining the allocation of these resources, but this book counters the argument that overcoming its inherent imbalances is simply a question of implementing methodological changes. The Economics of Resource... Read more



1. Introduction   2. The Utility Concept in Economics: From Pleasure Maximization to Rational Choice   3. On the Rise, Rationale, and Authority of Economic Evaluation   4. The Empirical Failure of CUA and the Approach of Equity Weighting   5. Values, Weights, and Trade-Offs: The Economic Conception of Choice   6. Inconsistencies in the Determination and Measurement of Social Values   7. On the Normative Status of Empirically Elicited Prioritization Preferences   8. Conclusion

Biography

Andrea Klonschinski is a postdoctoral research associate at the University of Kiel.