On the equivalence of the net benefit and the Fieller's methods for statistical inference in cost-effectiveness analysis
AbstractThis paper shows that there exists a close relation between the net benefit and Fieller's methods for calculation of confidence intervals and performing hypothesis testing in cost-effectiveness analysis. The prices at which the net benefit confidence interval limits are equal to zero are identical to the Fieller's confidence interval limits for the incremental cost-effectiveness ratio.
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Bibliographic InfoPaper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 379.
Length: 12 pages
Date of creation: 25 Apr 2000
Date of revision:
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Confidence intervals; cost-effectiveness analysis; Fieller's method; hypothesis testing; net benefit;
Find related papers by JEL classification:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-05-08 (All new papers)
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