This book provides an introduction to decision analytic
cost-effectiveness modelling, giving the theoretical and practical
knowledge required to design and implement analyses that meet the
methodological standards of health technology assessment organisations.
The book guides you through building a decision tree and Markov model
and, importantly, shows how the results of cost-effectiveness analyses
are interpreted.
Given the complex nature of cost-effectiveness modelling and the often
unfamiliar language that runs alongside it, we wanted to make this book
as accessible as possible whilst still providing a comprehensive,
in-depth, practical guide that reflects the state of the art - that
includes the most recent developments in cost-effectiveness modelling.
Although the nature of cost effectiveness modelling means that some
parts are inevitably quite technical, across the 13 chapters we have
broken down explanations of theory and methods into bite-sized pieces
that you can work through at your own pace; we have provided
explanations of terms and methods as we use them. Importantly, the
exercises and online workbooks allow you to test your skills and
understanding as you go along.