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On the equivalence of the net benefit and the Fieller's methods for statistical inference in cost-effectiveness analysis

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  • Zethraeus, Niklas

    ()
    (Dept. of Economics, Stockholm School of Economics)

  • Löthgren, Mickael

    ()
    (AstraZeneca R&D Södertälje)

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    Abstract

    This 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 Info

    Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 379.

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    Length: 12 pages
    Date of creation: 25 Apr 2000
    Date of revision:
    Handle: RePEc:hhs:hastef:0379

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    Related research

    Keywords: Confidence intervals; cost-effectiveness analysis; Fieller's method; hypothesis testing; net benefit;

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