Resources Repository
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ArticlePublication 2018Resource Allocation in Decision Support Frameworks
Multi-criteria decision-making frameworks expand on typical decision analyses (cost-effectiveness and cost-benefit) by explicitly incorporating value …
Multi-criteria decision-making frameworks expand on typical decision analyses (cost-effectiveness and cost-benefit) by explicitly incorporating value tradeoffs from decision makers and summarizing the performance of investment options. This is done across all chosen dimensions of value, based on the weights provided by the decision makers, but comes at a cost. Currently there is no widely accepted method to suggest how to determine a budget constraint using multi-attribute models or to measure willingness to pay for incremental…
Priority Setting/Ethics | Benefit-Cost Analysis | Cost-Effectiveness Analysis | Health Systems | Health/Medicine | Global -
Resource PackPublication, Teaching Resource 2018Resource Pack: Economic Evaluation Guidelines
This resource pack includes guidelines for health economic evaluation - methods designed to identify, measure …
This resource pack includes guidelines for health economic evaluation - methods designed to identify, measure and value the incremental resources used, relative to benefits gained, of alternative interventions or policies - with the goal of improving resource allocation decisions by addressing efficiency in healthcare. The selected examples focus predominantly on the conduct of cost-effectiveness analysis. Over the past three decades, cost-effectiveness analysis has gained increasing attention from decision makers in both resource-rich and resource-poor countries.…
Preferences/Values | Priority Setting/Ethics | Costing Methods | Benefit-Cost Analysis | Cost-Effectiveness Analysis | Health Systems | Policy/Regulation | Climate/Environment | Economics/Finance | Government/Law | Health/Medicine | Global | Graduate | Doctoral | Professional | Critical Thinking/Analysis | Decision Making/Leadership | Policy Translation -
Lesson/ModuleVideo, Teaching Resource 2018An Overview of Decision Analysis
This video is intended to provide high-level overview of the field of decision analysis and …
This video is intended to provide high-level overview of the field of decision analysis and presents topics that include: why engage in decision analysis; what are the differences between cost-effectiveness analysis, cost-utility analysis, cost-benefit analysis, and budget impact analysis; and different ways to conduct a decision analysis – such as modeling or measuring alongside a clinical trial. This video is part of the Conducting Cost-Effectiveness Analysis with VA Data (HCEA) free course offered by the…
Mathematical Models | Decision Analysis | Cost-Effectiveness Analysis | Health Systems | Health/Medicine | North America | College | Graduate | Doctoral | Critical Thinking/Analysis | Decision Making/Leadership | Quantitative Literacy -
ArticlePublication 2018Should We Treat Acute Hepatitis C? A Decision and Cost-Effectiveness Analysis
This study examines the potential benefits of treating acute hepatitis C virus (HCV) infection compared …
This study examines the potential benefits of treating acute hepatitis C virus (HCV) infection compared to deferring treatment until the chronic phase, utilizing a microsimulation model. By projecting long-term outcomes such as quality-adjusted life years (QALYs) and costs, the analysis evaluates the cost-effectiveness of initiating therapy during the acute phase. Results indicate that treating acute HCV increases QALYs by 0.02 and costs by $483 per patient not at risk of transmitting HCV, yielding an incremental…
Microsimulation | Decision Analysis | Cost-Effectiveness Analysis | Infectious Diseases | Chronic Disease/Risk | Health/Medicine | North America -
Working PaperPublication 2018Valuing Nonfatal Health Risk Reductions
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- …
This paper explores approaches for valuing nonfatal risk reductions associated with policy choices in low- and middle-income countries. The approach for valuation ideally would be based on estimates of individuals’ willingness to pay for changes in their own risks. However, high quality valuation research is not available for many nonfatal conditions even in high-income settings. Typically, two approaches are used either alone or in combination as rough proxies. The first involves applying an estimate of…
Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Economics/Finance | Health/Medicine | Global | Critical Thinking/Analysis -
Resource PortalWeb Portal, Teaching Resource 2024Millennium Mathematics Project (MMP)
The Millennium Mathematics Project (MMP), a collaboration between the Faculties of Mathematics and Education at the …
The Millennium Mathematics Project (MMP), a collaboration between the Faculties of Mathematics and Education at the University of Cambridge, is a maths education and outreach initiative for ages 3 to 19 and the general public. The focus is on increasing mathematical understanding, confidence and enjoyment, developing problem-solving skills, and promoting creative and imaginative approaches to maths. The project consists of a family of complementary programmes, including the NRICH website, Plus online mathematics magazine, Wild Maths, and…
Probability/Bayes | Test Performance | Mathematical Models | Decision Analysis | Risk Analysis | Infectious Diseases | Child/Nutrition | Environmental Health | Health/Medicine | Science/Technology | Europe | High School | College | Graphics/Visualization | Quantitative Literacy -
Teaching PackPublication, Teaching Resource 2022Teaching Pack: Cost-Effectiveness Analysis I
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis I, students are introduced to economic evaluation …
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis I, students are introduced to economic evaluation as it relates to public health and learn to distinguish between cost-effectiveness and benefit-cost analyses. They learn the concepts of opportunity cost, incremental cost-effectiveness analysis and incremental cost-effectiveness ratios. Finally, students are shown the steps used to conduct a shopping spree cost-effectiveness analysis designed to maximize health under a budget constraint. Materials include an instructor's note, videos, companion slides, a…
Decision Analysis | Cost-Effectiveness Analysis | Health/Medicine | College | Graduate | Doctoral | Critical Thinking/Analysis | Quantitative Literacy -
Teaching PackPublication, Teaching Resource 2022Teaching Pack: Cost-Effectiveness Analysis II
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis II, students are introduced to the …
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis II, students are introduced to the concepts of the ‘competing choice’ analysis where the choice is between mutually exclusive options and how to recognize strong and weak dominance. Additionally, students learn to plot the results of the competing choice analysis, including how to display dominated options, and finally, students are shown how to structure, conduct and interpret results of a cost-effectiveness analysis that combines the ‘shopping…
Decision Analysis | Cost-Effectiveness Analysis | Health/Medicine | College | Graduate | Doctoral | Critical Thinking/Analysis | Quantitative Literacy -
Teaching PackPublication, Teaching Resource 2022Teaching Pack: Cost-Effectiveness Analysis III
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis III, students are introduced to the …
In this teaching pack on Economic Evaluation: Cost-Effectiveness Analysis III, students are introduced to the different types of costs that are included in a cost-effectiveness analysis and learn how the perspective of the analysis helps to determine which costs would be included. Additionally, students learn the three basic steps to costing, identifying costs, measuring costs, and valuing costs, and become familiar with the recommendations of both the original and the more recent Panel on Cost-Effectiveness…
Costing Methods | Evidence Synthesis | Decision Analysis | Cost-Effectiveness Analysis | Health Systems | College | Graduate | Doctoral | Critical Thinking/Analysis | Quantitative Literacy