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is the process of systematic identification, measurement and valuation of the inputs and outcomes of two alternative activities, and the subsequent comparative analysis of these. The purpose of economic evaluation is to identify the best course of action, based on the evidence available. It is most
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Drummond, Michael; Sculpher, Mark; Torrance, George; O'Brien, Bernie; Stoddart, Greg (2005).
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publishes guidelines for the conduct of economic evaluations.
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Methods for the
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Economic evaluations can take a number of forms, namely:
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