This book is about the cost effectiveness of present and future medical technologies.Methods of analyzing cost effectiveness are described here in terms of choices that take into consideration dollar values of treatment, quality of life and the rationale for deciding who should receive treatment in situations of rationed care.Methods of analyzing cost effectiveness are described here in terms of choices that take into consideration dollar values of treatment, quality of life and the rationale for deciding who should receive treatment in situations of rationed care.This book is about the cost effectiveness of present and future medical technologies. Methods of analyzing cost effectiveness are described in terms of choices that take into consideration dollar values of treatment, quality of life and the rationale for deciding who should receive treatment in situations of rationed care. Essays in the book range from lay level to technical state of the art, making the book of interest to a wide variety of readers.1. Introduction Frank A. Sloan; 2. Evidence of effectiveness: evaluating its quality Allan S. Detsky; 3. Utility assessment for estimating quality-adjusted life years Robert M. Kaplan; 4. Measuring costs David Dranove; 5. From cost-effectiveness ratios to resource allocation: where to draw the line? Milton C. Weinstein; 6. Valuing health care benefits in money terms Mark V. Pauly; 7. Discounting health effects for medical decisions W. Kip Viscusi; 8. Statistical issues in cost-effectiveness analyses John Mullahy and Willard Manning; 9. Decision trees and Markov models in cost-effectiveness research Emmett Keeler; 10. Alternative methods of allocating health resources under constraints Frank A. Sloan and Christopher J. Conover. In addition to being a valuable resource for researchers, this book could easily be used as a source for advanced courses in health economics and health services research. The chapters are well written, and many include 'boxes' providing lƒ7