Abstract
Health economists claim to use market economics combined with the microeconomic concepts of opportunity cost and the margin to advise on priority setting. However, they are advising on setting priorities through a macro-economic analysis using the costs of the supplier, thus prioritising the producer and not the consumer as the dynamic of economic activity. For health economists any contention within priority setting is due to lack of data not their confusion over fundamental concepts.
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Yaxley, I.L. The contention within health economics: A micro-economic foundation using a macro-economic analysis. Health Care Anal 6, 5–13 (1998). https://doi.org/10.1007/BF02678071
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DOI: https://doi.org/10.1007/BF02678071