DEFINITION AND CHARACTERISTICS FUNCTIONS …

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Finally, strong arguments can be made that cost-effective-ness analysis fails to capture important dimensions of the indi-vidual utility and thus the social welfare that accrues fromthe provision of health services, especially those relating tohigh-cost and low-frequency are, therefore, highly skeptical about the feasibility ofproposing a formulaic and purely quantitative response to thequestion of how to achieve an appropriate allocation ofresources to the referral hospital level.

Finally, strong arguments can be made that cost-effective-ness analysis fails to capture important dimensions of the indi-vidual utility—and thus the social welfare—that accrues from

  Definition, Functions, Characteristics, Definition and characteristics functions