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Definition, interpretation and calculation of cost-effectiveness acceptability curves
1AstraZeneca R&D Södertälje, Health Economics and Outcomes Research, Sweden.
Abstract:
This paper discusses the definition, interpretation and computation of cost-effectiveness (CE) acceptability curves. A formal definition of the CE acceptability curve based on the net benefit approach is provided. The curve can be computed using parametric or non-parametric techniques and for both computational approaches we establish a formal relation between the CE acceptability curve and statistical inference based on confidence intervals and P values in CE analysis.
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