Compute Incremental Benefit

Sample of incremental net monetary benefit for each willingness-to-pay threshold, \(k\), and comparator.

Usage

compute_IB(df_ce, k)

Arguments

df_ce

Dataframe of cost and effectiveness deltas

k

Vector of willingness to pay values

Value

Array with dimensions (k x sim x ints)

Details

Defined as:

$$IB = u(e,c; 1) - u(e,c; 0).$$

If the net benefit function is used as utility function, the definition can be re-written as

$$IB = k\cdot\Delta_e - \Delta_c.$$

See also

compute_EIB()