The economics of resource allocation in health care: cost-utility, social value, and fairness

In: Routledge advances in social economics 22

Abstract

1. Introduction -- 2. The utility concept in economics : from pleasure maximization to rational choice -- 3. On the rise, rationale, and authority of economic evaluation -- 4. The empirical failure of CUA and the approach of equity weighting -- 5. Values, weights, and trade-offs : the conception of choice in economics -- 6. Inconsistencies in the determination and measurement of social values -- 7. On the normative status of empirically elicited prioritization preferences -- 8. Conclusion.