Decision Analysis and Cost-Effectiveness Analysis
Healthcare decision making can be complex, often requiring decision makers to weigh serious trade-offs, consider patients' values, and incorporate evidence in the face of uncertainty. Medical decisions are made implicitly by clinicians and other decision-makers daily. Decisions based largely on personal experience are subject to many biases. Decision analysis and cost-effectiveness analysis are systematic approaches used to support decision-making under conditions of uncertainty that involve important trade-offs. These mathematical tools can provide patients, physicians, and policy makers with a useful approach to complex medical decision making.
Keywords: decision analysis, cost-effectiveness analysis, medical decision making
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This work was supported in-part by a grant from the National Institute for Arthritis, Musculoskeletal and Skin Diseases (P60-AR048094-01A1).
PII: S1040-7383(09)00068-9
doi:10.1053/j.semss.2009.08.003
© 2009 Elsevier Inc. All rights reserved.
