Week 10 - Discussion 2



Week 10 - Discussion 2

Week 10 - Discussion 2

Comparison between Benefit-Cost, Cost-Effectiveness, and Cost-Utility

The analysis techniques are used for the purpose of making decisions, which are mainly catered under the consequences of uncertainty. The benefit cost analysis contains cost in form of both numerator and denominator. In this analysis technique, the cost is based on the eagerness to pay for a cure. The cost effectiveness analysis is a technique which forms results in which the cost is mainly in the form of numerator. On the other side, the denominator holds the measure of effectiveness. The “life ...