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Model of Behaviour within Fuzzy Budget Constraints

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  • Office of Health Economics

Abstract

This paper presents a model to capture the behaviour of health sector decision makers when making resource allocation decisions on the level and mix of healthcare production, while taking into consideration the maximum expenditure (budget) allowed by the government or the health system regulator. The paper seeks to address two perennial policy and practical discussions in the UK National Health Service (NHS) (and elsewhere): how to cope with financial austerity; and the opportunity costs of reimbursing new health technologies.

Suggested Citation

  • Office of Health Economics, 2015. "Model of Behaviour within Fuzzy Budget Constraints," Grant-Funded Research 001669, Office of Health Economics.
    • Handle: RePEc:ohe:grafun:001669
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    File URL: https://www.ohe.org/publications/model-behaviour-within-fuzzy-budget-constraints/attachment-422-model-of-behaviour-with-fuzzy-budget-constraints-v2/
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    Keywords

    Model of Behaviour within Fuzzy Budget Constraints;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

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