CHDS Seminar with Darius Lakdawalla of the University of Southern California

Join the Center for Health Decision Science for a seminar with Darius Lakdawalla of the University of Southern California. Generalized Risk-Adjusted Cost-Effectiveness (GRACE) provides a direct method for measuring patient risk preferences and incorporating these into cost-effectiveness estimates. In this presentation, we will discuss: 1) the rationale for GRACE as a way of explaining discordance between traditional cost-effectiveness analysis (TCEA) and the behavior of patients and payers; 2) the economic theory behind GRACE; 3) empirical estimates of GRACE-based utility over health; and 4) a practical approach for estimating GRACE using only inputs from standard TCEA models.
Speaker Information
Darius Lakdawalla, PhD
Organizers
ⓘ Harvard Chan School hosts a diverse array of speakers, invited to share both scholarly research and personal perspectives. They do not speak for the School, and hosting them does not imply endorsement of their views, organizations, or employers.