AIMS To assess the cost-effectiveness of installing thermostatic mixer valves (TMVs) in reducing risks of bath water scalds and estimate the costs of avoiding bath water scalds. METHODS The evaluation was undertaken from the perspective of the UK public sector, and conducted in conjunction with a randomised control trial of TMVs installed in social housing in Glasgow. Installation costs were ...

We propose a structural operational semantics for mobile and distributed agents. From it we derive a sto-chastic transition system labelled by actions and their costs. These costs reeect the (net) architecture on which agents run. We then map stochastic transition systems to Markov chains, and performance evaluation is carried out using standard tools. The results given by our approach are show...

OBJECTIVES In Ontario, Canada, in a cohort of all people initially aged 50-54 years, modeling whether the Age-Related Eye Disease Study (AREDS) antioxidant supplementation for stage 3 and 4 AMD would decrease the costs of photodynamic treatment with Visudyne. PERSPECTIVE Third party payer, the Ontario Health Insurance Plan. METHODS Using reported risk reductions, prevalence data by age and ...

OBJECTIVE To conduct a cost analysis of a telemedicine model for cancer care (teleoncology) in northern Queensland, Australia, compared with the usual model of care from the perspective of the Townsville and other participating hospital and health services. DESIGN Retrospective cost-savings analysis; and a one-way sensitivity analysis performed to test the robustness of findings in net saving...

Abstract In mining projects, the confidence in an estimate is associated with quantity and quality of available information. Thus, closer data to targeted location, smaller error estimated value. advanced stages a project (i.e. pre-feasibility feasibility phases), it usual take samples derived from drillings. Since sampling chemical analysis involve high costs, essential that these costs contri...

OBJECTIVE This study estimates the costs and potential savings associated with all eConsult cases completed between 1 April 2014 and 31 March 2015. DESIGN Costing evaluation from the societal perspective estimating the costs and potential savings associated with all eConsults completed during the study period. SETTING Champlain health region in Eastern Ontario, Canada. POPULATION Primary ...

This study examines the risk behaviour of a decision-maker regarding pricing decisions with aid newsvendor model. In this regard, prospect theory and reference point concept are adopted to formulate value function decision-maker. Unlike traditional points (quantity-based), is deemed price. It proved that convex combination maximum-expected profits expected losses represents point. Closed-form s...