Resource Allocation and Priority Setting in Health Care: A Multi‐criteria Decision Analysis Problem of Value?

A methodological approach is needed for allocating health care resources in an efficient and fair way that gives legitimacy to decisions. Currently, most priority setting approaches tend to focus on single or limited benefit dimensions, even though the value of new health care interventions is multi‐dimensional. Explicit elicitation of social value trade‐offs is usually not possible and decision‐makers often adopt intuitive or heuristic modes...