The Monetary Value of Health Changes

  • Magnus Johannesson
Part of the Developments in Health Economics and Public Policy book series (HEPP, volume 4)


Cost-benefit analysis is based on the summation of the monetary valuations of the changes due to a programme among all the affected individuals (Boadway & Bruce 1984; Johansson 1991). This implies that the costs and benefits to all individuals affected by a health care programme should be included.


Utility Function Risk Aversion Marginal Utility Utility Level Full Health 
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Copyright information

© Springer Science+Business Media Dordrecht 1996

Authors and Affiliations

  • Magnus Johannesson
    • 1
  1. 1.Stockholm School of EconomicsSweden

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