TY - JOUR
T1 - A novel method to value real options in health care
T2 - the case of a multicohort human papillomavirus vaccination strategy
AU - Marcellusi, Andrea
AU - Mennini, Francesco Saverio
AU - Favato, Giampiero
AU - Baio, Gianluca
AU - Capone, Alessandro
PY - 2013/7
Y1 - 2013/7
N2 - The payoff method showed distinctive advantages in the valuation of the cost-effectiveness of competing health care interventions, essentially determined by the replacement of the nonfuzzy numbers that are commonly used in cost-effectiveness analysis models, with fuzzy numbers as an input to inform the real option pricing method. The real option approach to value uncertainty makes policy making in health care an evolutionary process and creates a new "space" for decision-making choices.
AB - The payoff method showed distinctive advantages in the valuation of the cost-effectiveness of competing health care interventions, essentially determined by the replacement of the nonfuzzy numbers that are commonly used in cost-effectiveness analysis models, with fuzzy numbers as an input to inform the real option pricing method. The real option approach to value uncertainty makes policy making in health care an evolutionary process and creates a new "space" for decision-making choices.
KW - Health services research
UR - http://www.ncbi.nlm.nih.gov/pubmed/23806328
U2 - 10.1016/j.clinthera.2013.05.003
DO - 10.1016/j.clinthera.2013.05.003
M3 - Article
C2 - 23806328
SN - 0149-2918
VL - 35
SP - 904
EP - 914
JO - Clinical Therapeutics
JF - Clinical Therapeutics
IS - 7
ER -