Chapter 14. Evidence-Based Decisions and Economics: Lessons for Practice

  1. Ian Shemilt Senior Research Associate1,
  2. Miranda Mugford Professor1,
  3. Luke Vale Professor2,
  4. Kevin Marsh Head3 and
  5. Cam Donaldson Yunus Chair NIHR Senior Investigator4
  1. Luke Vale Professor

Published Online: 5 MAY 2010

DOI: 10.1002/9781444320398.ch14

Evidence-Based Decisions and Economics: Health Care, Social Welfare, Education and Criminal Justice, Second Edition

Evidence-Based Decisions and Economics: Health Care, Social Welfare, Education and Criminal Justice, Second Edition

How to Cite

Vale, L. (2010) Evidence-Based Decisions and Economics: Lessons for Practice, in Evidence-Based Decisions and Economics: Health Care, Social Welfare, Education and Criminal Justice, Second Edition (eds I. Shemilt, M. Mugford, L. Vale, K. Marsh and C. Donaldson), Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781444320398.ch14

Editor Information

  1. 1

    School of Medicine, Health Policy and Practice, University of East Anglia, Norwich, UK

  2. 2

    Health Economics Research Unit and Health Services Research Unit, University of Aberdeen, Aberdeen, UK

  3. 3

    The Matrix Knowledge Group, London, UK

  4. 4

    Glasgow Caledonian University, Glasgow, UK

Author Information

  1. Health Economics Research Unit and Health Services Research Unit, University of Aberdeen, Aberdeen, UK

Publication History

  1. Published Online: 5 MAY 2010
  2. Published Print: 9 APR 2010

ISBN Information

Print ISBN: 9781405191531

Online ISBN: 9781444320398

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Keywords:

  • Evidence-based decisions and economics;
  • quality-adjusted life-years (QALYs);
  • lack of existing analyses;
  • randomised controlled trials (RCTs);
  • making efficient decisions about the need for further research;
  • assessing the distribution of costs and benefits

Summary

This chapter contains sections titled:

  • Introduction

  • Using existing evidence on efficiency to derive new evidence on efficiency

  • Using decision models to derive evidence on relative efficiency

  • Making efficient decisions about the need for further research

  • Assessing the distribution of costs and benefits

  • Conclusion

  • References