This book provides an introduction to decision analytic cost-effectiveness modelling giving
the theoretical and practical knowledge required to design and implement analyses that meet the
methodological standards of health technology assessment organisations. The book guides you
through building a decision tree and Markov model and importantly shows how the results of
cost-effectiveness analyses are interpreted.Given the complex nature of cost-effectiveness
modelling and the often unfamiliar language that runs alongside it we wanted to make this book
as accessible as possible whilst still providing a comprehensive in-depth practical guide
that reflects the state of the art - that includes the most recent developments in
cost-effectiveness modelling. Although the nature of cost effectiveness modelling means that
some parts are inevitably quite technical across the 13 chapters we have broken down
explanations of theory and methods into bite-sized pieces that youcan work through at your own
pace we have provided explanations of terms and methods as we use them. Importantly the
exercises and online workbooks allow you to test your skills and understanding as you go along.