On the welfare theoretic foundation of CEA : comment

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2010
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The European Journal of Health Economics. 2010, 11(6), pp. 595-596. ISSN 1618-7598. eISSN 1618-7601. Available under: doi: 10.1007/s10198-010-0282-y
Zusammenfassung

This is a comment on a recent paper by Bengt Liljas (Eur J Health Econ 11:5–13, 2010) in this Journal. The author’s analysis is flawed because he fails to take the envelope theorem into account. As a bottom line, we conclude that from a welfare theoretic point of view, future consumption and future labor hours should not be considered in a valid CEA.

Zusammenfassung in einer weiteren Sprache
Fachgebiet (DDC)
330 Wirtschaft
Schlagwörter
QALYs, Cost-effectiveness analysis, Non-medical costs
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ISO 690BREYER, Friedrich, 2010. On the welfare theoretic foundation of CEA : comment. In: The European Journal of Health Economics. 2010, 11(6), pp. 595-596. ISSN 1618-7598. eISSN 1618-7601. Available under: doi: 10.1007/s10198-010-0282-y
BibTex
@article{Breyer2010-12welfa-14493,
  year={2010},
  doi={10.1007/s10198-010-0282-y},
  title={On the welfare theoretic foundation of CEA : comment},
  number={6},
  volume={11},
  issn={1618-7598},
  journal={The European Journal of Health Economics},
  pages={595--596},
  author={Breyer, Friedrich}
}
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