Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very

Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free P

With limited resources and funding, it is impossible to invest in all potentially beneficial health care interventions. Choices have to be made, and this guide