Economics of Resource Allocation in Health Care

<p>The question of how to allocate scarce medical resources has become an important public policy issue in recent decades. Cost-utility analysis is the most commonly used method for determining the allocation of these resources but this book counters the argument that overcoming its inherent imbalances is simply a question of implementing methodological changes.</p><p>The Economics of Resource Allocation in Health Care represents the first comprehensive analysis of equity weighting in health care resource allocation that offers a fundamental critique of its basic framework. It offers a critique of health economics putting the discourse on economic evaluation into its broader socio-political context. Such an approach broadens the debate on fairness in health economics and ties it in with deeper-rooted problems in moral philosophy. Ultimately this interdisciplinary study calls for the adoption of a fundamentally different paradigm to address the distribution of scarce medical resources. </p><p></p><p>This book will be of interest to policy makers health care professionals and post-graduate students looking to broaden their understanding of the economics of the health care system.</p>