Suppose that a person with cancer has the following options: Do nothing: spend nothing and live two more years with each year worth 0.4 of a year in perfect health. Passive treatment: spend $40,000, live four more years with each year worth 0.5 of a year in perfect health. Aggressive treatment: spend $200,000, live ten more years with each year worth 0.6 of a year in perfect health. With adjustment for quality of life, which treatment (passive or aggressive) is most preferred to no treatment on cost-effectiveness grounds? Show your work

Suppose that a person with cancer has the following options: Do nothing: spend nothing and live two more years with each year worth 0.4 of a year in perfect health. Passive treatment: spend $40,000, live four more years with each year worth 0.5 of a year in perfect health. Aggressive treatment: spend $200,000, live ten more years with each year worth 0.6 of a year in perfect health. With adjustment for quality of life, which treatment (passive or aggressive) is most preferred to no treatment on cost-effectiveness grounds? Show your work

Nutrition Now

8th Edition

ISBN:9781337415408

Author:Brown

Publisher:Brown

Chapter22: Diet And Cancer

Section: Chapter Questions

Problem 8RQ

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