Related Experiment Video
Updated: Jul 10, 2026

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
Published on: March 3, 2011
[Introduction to the theory of pharmaco-economics]
Abstract:
This article presents an overview of the principles of pharmaco-economic evaluation. A pharmaco-economic evaluation is a comparison of the costs and effects of at least two therapeutic strategies, including at least one drug. It is mostly useful if a new treatment is more effective and more costly than a reference one. The way the effects of treatments are expressed defines several types of analyses: cost minimisation, cost-effectiveness, cost-utility and cost-benefit. The costs measured can be direct (medical and non-medical) and indirect (tangible and intangible). The principle of decision analysis is illustrated.
Related Concept Videos
Biopharmaceutics and Pharmacokinetics: Overview
Pharmacodynamics: Overview and Principles
Most drugs' effects result from their interactions with drug receptors or targets within the body. These interactions trigger specific responses at the cellular or systemic level. Drug receptors can be found on the surfaces of cells or within...
Analysis Methods of Pharmacokinetic Data: Model and Model-Independent Approaches
The model approach uses mathematical models to describe changes in drug concentration over time. Pharmacokinetic models help characterize drug behavior in patients, predict drug concentration in the body fluids, calculate optimum dosage regimens, and evaluate the risk of toxicity. However, ensuring that the model fits the experimental data accurately...
Pharmacokinetic–Pharmacodynamic Relationship: Problems
Pharmacodynamic Models: Overview
Pharmacodynamic Models: Linear Concentration–Effect Model

