Cost-Effectiveness Analysis

10 Miscellany

DOI: 10.1201/9781003196174-10

Two key points that have been raised in the main body of this book are:

1. It is important to clearly define measures of effectiveness for alternative systems, and
2. Both the CEA suggested here and the AoA suggested elsewhere settle on three alternatives as a useful and practical approach to CEA

It is recommended that the analyst take these perspectives into account in performing a CEA (or a CBA). The three alternatives approach is also totally consistent with the systems engineering practice of defining the synthesis of a system’s architecture.

Risk Analysis

An article in the Washington Post [1] reported on the findings of the Centers for Disease Control and the Food and Drug Administration by declaring ...