Sentence examples for additional unit of benefit from inspiring English sources

From this, the incremental cost per additional unit of benefit gained will be calculated, i.e. the incremental cost-effectiveness ratio (ICER); e.g. it costs an additional $x to improve parental quality of life by 1 point.

Rather than using Quality-Adjusted Life Yeass (QALYs) as the measure of effectiveness, cost-effectiveness is measured as the cost of achieving one additional unit of benefit as defined by caregiver hours per day "doing things" and hours per day "being on duty".

This ratio, defined as the mean difference in costs divided by the mean difference in benefits between two interventions, expresses the additional cost per extra unit of benefit resulting from one intervention rather than the alternative.

ICER characterises the marginal value of treatments in the form of additional cost per additional unit of health benefit gained or saved during given perspective.

A treatment strategy can be considered cost effective only if the decision maker's willingness to pay for an additional unit of health benefit is equal to or greater than the incremental cost effectiveness ratio.

CEACs were constructed by first calculating a series of net benefits for each individual, using the following formula, where λ represents how much value a decision-maker may place on one additional unit of outcome: Net benefit = λ × outcome - cost We did this for λ values ranging between 0 to 50,000 Euros (in 10,000 Euro increments).

By using a series of hypothetical values for willingness-to-pay for one additional unit of outcome (QALY), net-benefits (NBs) were calculated.

The economic benefit in terms of added value reported to the environmental cost in terms of water use gives an additional water use of 187563 m3 for an additional unit of added value following an increase by 20% of the final demand in sector 1.

The net benefit of each excavation strategy was estimated using the formula [ 28] with λ being the ceiling thresholds of willingness to pay, i.e. the additional costs a decision maker is willing to sacrifice for gaining an additional unit of effectiveness, i.e. an additional year of tooth retention [ 27].

The ICER indicates the additional cost of obtaining one additional unit of outcome.

In very general terms, the marginal utility of goods and services is subject to diminishing returns in other words, each additional unit purchased provides less and less benefit to the consumer.