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Decision Making using Economic Evaluation, Medicine, Page 9

Decision Making using Economic Evaluation

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Valuing Benefits in a CBA

Cost of Illness/injury (COI) approach
- Direct
Medical, non-medical
e.g., hospital stays, medications, travel costs
- Indirect - human capital approach
Time, productivity
e.g., time missed from work to care for child

Contingent valuation (CV) - Willingness to Pay approach


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The 2014 RegMed Capital Conference @ The World Stem Cell Summit
 
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