B. O. Hansen (Institute of Economics, Copenhagen Business School) Jens Leth Hougaard (Institute of Economics, University of Copenhagen) Hans Keiding (Institute of Public Health, University of Copenhagen) L. P. Østerdal (Institute of Public Health, University of Copenhagen)
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In a recent work by Dolan and Edlin it is concluded that no link can be established between cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA). However, the conclusion seems to depend rather heavily on what is understood by a link between CBA and CEA as well as on the exact meaning of the latter two terms. We argue that there is at least one approach to CBA and CEA in which the two are very intimately linked. On the other hand, the limitations in the access to preference information has consequences for the kind of questions that can be meaningfully addresses in both CBA and CEA.
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Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number
02-21.
Length: 12 pages Date of creation: Nov 2002 Date of revision: Handle: RePEc:kud:kuiedp:0221
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