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March 1986 (Volume 64)
Quarterly Article
James C. Robinson
December 2024
Dec 19, 2024
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Cost-benefit analysis-applying economic reasoning to increasingly complex health policy decisions-continues to be a source of vehement disagreement among its practitioners. More than merely technical issues in measurement and accounting are involved; basic social values embedded in different intellectual traditions are coming into conflict. The “human capital” and “willingness-to-pay” approaches can each aid policy formulation, but neither can substitute for open political process.
Author(s): James C. Robinson
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Volume 64, Issue 1 (pages 133–155) Published in 1986
