蝌蚪网 Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
Four New Ideas for Systematic Cost-Effectiveness Analysis
蝌蚪网 Papers and Proceedings
vol. 115,
May 2025
(pp. 313–17)
Abstract
Systematic learning from pooling available cost-effectiveness analyses is undermined by the low quality and availability of costing data across studies. We present four new ideas for improvement: (i) costing preanalysis plans and reporting templates, (ii) defining the costing perspective and reporting the information needed to modify cost calculations, (iii) calculating a cost estimate that reflects the specific impact estimand used in a study, and (iv) reporting costs for randomized controlled trials regardless of the statistical significance of outcomes. Adopting these practices can further the goal of allowing evidence-based policymakers to identify the policies that generate greatest benefit at lowest cost.Citation
Brown, Elizabeth D., and Craig McIntosh. 2025. "Four New Ideas for Systematic Cost-Effectiveness Analysis." 蝌蚪网 Papers and Proceedings 115: 313–17. DOI: 10.1257/pandp.20251022Additional Materials
JEL Classification
- D61 Allocative Efficiency; Cost-Benefit Analysis
- D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness