Health economics is concerned with the study of the
cost-effectiveness of health care interventions. This book provides
an overview of Bayesian methods for the analysis of health economic
data. After an introduction to the basic economic concepts and
methods of evaluation, it presents Bayesian statistics using
accessible mathematics. The next chapters describe the theory and
practice of cost-effectiveness analysis from a statistical
viewpoint, and Bayesian computation, notably MCMC. The final
chapter presents three detailed case studies covering
cost-effectiveness analyses using individual data from clinical
trials, evidence synthesis and hierarchical models and Markov
models. The text uses WinBUGS and JAGS with datasets and code
available online.
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