Can the Real Opportunity Cost Stand Up: Displaced Services, the Straw Man Outside the Room
Abstract
In current literature, displaced services have been suggested to provide a basis for determining a threshold value for the effects of a new technology as part of a reimbursement process when budgets are fixed. We critically examine the conditions under which displaced services would represent an economically meaningful threshold value. We first show that if we assume that the least cost-effective services are displaced to finance a new...
Paper Details
Title
Can the Real Opportunity Cost Stand Up: Displaced Services, the Straw Man Outside the Room
Published Date
Feb 11, 2014
Journal
Volume
32
Issue
4
Pages
319 - 325
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