Stochastic league tables: Communicating cost-effectiveness results to decision-makers

Citation
Rcw. Hutubessy et al., Stochastic league tables: Communicating cost-effectiveness results to decision-makers, HEALTH ECON, 10(5), 2001, pp. 473-477
Citations number
10
Categorie Soggetti
Economics,"Health Care Sciences & Services
Journal title
HEALTH ECONOMICS
ISSN journal
10579230 → ACNP
Volume
10
Issue
5
Year of publication
2001
Pages
473 - 477
Database
ISI
SICI code
1057-9230(200107)10:5<473:SLTCCR>2.0.ZU;2-M
Abstract
The presentation of the results of uncertainty analysis in cost-effectivene ss analysis (CEA) in the literature has been relatively academic with littl e attention paid to the question of how decision-makers should interpret th e information particularly when confidence intervals overlap. This question is especially relevant to sectoral CEA providing information on the costs and effects of a wide range of interventions. This paper introduces stochastic league tables to inform decision-makers ab out the probability that a specific intervention would be included in the o ptimal mix of interventions for various levels of resource availability, ta king into account the uncertainty surrounding costs and effectiveness. This information helps decision-makers decide on the relative attractiveness of different intervention mixes, and also on the implications for trading gai ns in efficiency for gains in other goals such as reducing health inequalit ies and increasing health system responsiveness. Copyright (C) 2001 John Wi ley & Sons, Ltd.