Economic Evaluation

An economic evaluation assesses the consequences (in terms of costs) and effects (outcomes) associated with interventions.  We undertake a wide variety of economic evaluations working for and with a wide variety of partners.  These economic evaluations are performed as part of empirical studies such as randomised controlled trials and also as modelling exercises. 

These applied studies also serve as test beds for the development of methodological research.  This research includes the development and application of preference elicitation methods and costing methodology as well as methods to combine costs and benefits within an economic evaluation framework.

We work in close collaboration with the NIHR Research Design Service North East and the Newcastle Clinical Trials Unit.  We also work with groups and organisations from a wide variety of sectors both nationally and internationally and have an increasing portfolio of work on the methods and application of economic evaluation and preference elicitation methods.

The type of Preference elicitation methods we routinely use and seek to develop include: standard gamble, time-trade off, patient generated index, contingent valuation techniques, discrete choice experiments, and Q methodology. A feature running through much of the work conducted in is the development of methods to assess the patient and public preferences for both the organisation and outcomes of care. This includes methods to explore the preference of practitioners and decision-makers to help understand their motivations and to design incentives. This complements the work undertaken by the Decision Making and Organisation of Care group within the Institute of Health & Society.  

Ongoing Projects

Economic evaluations within Randomised Controlled Trials

Evidence Synthesis

Economics Modelling


Preference Elicitation