Abstract
There are often greater uncertainties affecting the cost estimates in an analysis than other parameters. As a result, the appropriate characterisation of the uncertainty in cost parameters is important to provide decision makers with robust evidence that can withstand careful appraisal. Similarly, the utility parameter distribution should reflect the uncertainty around the expected value for the utility of the model health state for a homogenous patient population. Having considered the range of distributions that are most frequently used for characterising effectiveness parameters and the uncertainty regarding their true values in Chap. 6, in this chapter we consider the remaining two types of parameter required for cost effectiveness models: cost parameters and utility parameters.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Brazier J, Tsuchiya A (2010) Preference-based condition-specific measures of health: what happens to cross programme comparability? Health Econ 9(2):125–129
Brazier JE, Roberts J, Deverill M (2001) The estimation of a preference based measure of health from the SF-36. J Health Econ 21(2):271–292
Brazier JE, Ratcliffe J, Salomon J, Tsuchiya A (2007) Measuring and valuing health benefits for economic evaluation. OUP, Oxford
Briggs A, Sculpher M (1998) An introduction to Markov modeling for economic evaluation. Pharmacoeconomics 13(4):397–409
Dolan P (1997) Modelling valuations for the Euroqol health states. Med Care 35(11):1095–1108
Drummond MF, Stoddart GL, Torrance GW (1987) Methods for the economic evaluation of health care programmes, 1st edn. Oxford Medical Publications, Oxford
Feeny D, Furlong W, Torrance GW, Zenglong Z, DePauw S et al (2002) Multi-attribute and single-attribute utility functions for the health utilities Index Mark 3 system. Med Care 40(2):113–128
McCabe C, Stevens K, Roberts J, Brazier JE (2005) Health state values for the HUI2 descriptive system: results from a UK survey. Health Econ 14(3):418–431
Oemar M, Oppe M (2013) EQ-5D-3L User Guide Euroqol Group. http://www.euroqol.org/fileadmin/user_upload/Documenten/PDF/Folders_Flyers/EQ-5D-3L_UserGuide_2013_v5.0_October_2013.pdf
Williams A (1985) Economics of coronary artery bypass grafting. BMJ 291:736. http://www.bmj.com/content/291/6497/736.2
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2015 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Edlin, R., McCabe, C., Hulme, C., Hall, P., Wright, J. (2015). Probability Distributions for Cost and Utility Parameters. In: Cost Effectiveness Modelling for Health Technology Assessment. Adis, Cham. https://doi.org/10.1007/978-3-319-15744-3_7
Download citation
DOI: https://doi.org/10.1007/978-3-319-15744-3_7
Publisher Name: Adis, Cham
Print ISBN: 978-3-319-15743-6
Online ISBN: 978-3-319-15744-3
eBook Packages: MedicineMedicine (R0)