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. Author manuscript; available in PMC: 2013 Jan 1.
Published in final edited form as: Addict Behav. 2011 Aug 5;37(1):1–10. doi: 10.1016/j.addbeh.2011.07.042

Table 1.

Types of Economic Evaluations

  1. Cost-Minimization Analysis – searches for the least costly alternative producing same health benefits

  2. Cost-Effectiveness Analysis – compares per unit effect with per unit cost on an incremental basis

  3. Cost-Benefit Analysis – measures both the costs and consequences of alternatives in dollars

  4. Cost-Utility Analysis – type of cost-effectiveness analysis that employs utilities (e.g., quality-adjusted life years) to evaluate a program

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Adopted from Drummond (1997) (20)