Economic Evaluation & Outcome Valuation

This area of research focuses on both the applied and methodological aspects of health economics by applying economic decision-making to health-related issues.  We undertake a wide variety of economic evaluations often working as part of large multi-disciplinary teams.  These economic evaluations are performed as part of empirical studies such as randomised controlled trials, and also as part of evidence syntheses studies where systematic reviews and meta-analyses are used in the development and population of economic models.

The type of preference elicitation methods we routinely use and seek to develop include: methods to derive QALYs (e.g. preference-based PROMS), standard gamble, time-trade off, patient generated index, contingent valuation techniques, discrete choice experiments, and Q methodology.

Our focus is on applying and developing these methods to improve the evaluation of healthcare interventions used to facilitate decision-making.