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The value of extending life at its end: Health care allocation in the presence of learning spillovers

Hintermann, Beat and Minke, Matthias. (2018) The value of extending life at its end: Health care allocation in the presence of learning spillovers. WWZ Working Papers, 2018 (15). Basel.

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Official URL: https://edoc.unibas.ch/64725/

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Abstract

We investigate the social value of medical interventions at the end of life that tend to have a high cost-benefit ratio. We model the optimal allocation of health resources across a continuum of diseases that dier by severity and treatment options, and extend it to allow for learning spillovers between treatments. We calibrate our model to admissions to intensive care units in Switzerland. Cancer treatments associated with learning spillovers that decrease the mortality for non-cancer patients by 1 percentage point justify a costbenefit ratio per additional life-year of 1.78.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Public Economics / Public Finance (Hintermann)
12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers
UniBasel Contributors:Moret, Claudia and Hintermann, Beat and Minke, Matthias
Item Type:Working Paper
Publisher:WWZ
Number of Pages:43
Note:Publication type according to Uni Basel Research Database: Discussion paper / Internet publication
Language:English
Identification Number:
  • handle: RePEc:bsl:wpaper:2018/15
Last Modified:22 Jun 2018 08:58
Deposited On:22 Jun 2018 08:58

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