Costutility Analysis

A close relative of cost-benefit and cost-effectiveness analysis, but where benefit is measured in neither monetary terms nor natural units like 'deaths prevented'. It takes its name from the use of utility-type measures of outcome (like quality-adjusted life-year), though whether these really are utilities is a matter of controversy. The attempt to stress a major difference between CEA and CUA seems a somewhat overdone and fruitless bit of taxonomizing as in practice it is often hard to distinguish between the two, CEAs often having some elements of the distinguishing feature of CUA: its more subtle

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treatment of outcome, which is much closer to the way that many real-world decision makers consider outcome (viz. in terms of 'health').

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