canceled, will generate the resources necessary to implement the new treatment, and whose cancellation will reduce community well-being by less than the incremental gain expected from the new treatment. Until both conditions are met researchers should not infer cost effectiveness or “value for the money” for particular therapies—a result prematurely suggested by van den Brink et al in their eco...

Risk classification refers to the use of observable characteristics by insurers to group individuals with similar expected claims, compute the corresponding premiums, and thereby reduce asymmetric information. An efficient risk classification system generates premiums that fully reflect the expected cost associated with each class of risk characteristics. This is known as financial equity. In t...

This paper studies the equity premium implications of a canonical New Keynesian model with investment. We find that the presence of a time-varying marginal cost dampens the expansionary impact of a positive technology shock. With a given fraction of firms standing ready to satisfy demand at predetermined prices, the variations in the marginal utility of consumption attributed to technology shoc...

background health is a complex phenomenon and equity as a basic human right an integral part of constitutions in almost all countries in the world. in republic of macedonia (rm), tuberculosis (tb) is clustered regionally and in certain ethnic groups. the main objective of this study was to analyze social determinants of health (sdh) and equity in access to healthcare services for tb patients in...

daniels, porteny and urrutia et al make a good case for the idea that that public decisions ought to be made not only “in the light of” evidence but also “on the basis of” budget impact, financial protection and equity. health technology assessment (hta) should, they say, be accordingly expanded to consider matters additional to safety and cost-effectiveness. they also complain that most hta re...

The aim of this paper is to propose methods that incorporate equity concerns into cost utility analysis. The focus of the paper is on QALYs, but the results apply to health utility indices in general. Two interpretations of QALYs are considered: QALYs as (von Neumann Morgenstern) utilities and QALYs as measures of health. A justification is provided for aggregating consistently scaled "QALYs as...