Please answer following question according to your knowledge.

Question 1:

Common argument against outcomes research is it limits health care. Explain why someone making this argument needs to be more specific.

Question 2:

Outcomes research is full of problematic theoretical issues. Explain how even the simplest evaluation method, cost identification analysis, is subjective and the use of this method can result in different outcomes for the same treatment among different studies.

Question 3:

Why the cost effectiveness analysis and cost utility analysis fail to provide information on the overall efficiency of a treatment? Do you feel it is better to reduces the usefulness of these two economic evaluation methods? Explain your answer.

Question 4:

Explain how cost effectiveness analysis differs from cost utility analysis?

Question 5:

If you were conducting a cost utility analysis how would you measure QALYs (Quality-adjusted life-years)? Explain your answer.

Question 6:

List and explain the key assumptions of the competitive economic model.