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Economic Evaluation

Transformative treatments: a big methodological challenge for health economics

Social scientists, especially economists, are concerned with causal inference: understanding whether and how an event causes a certain effect. Typically, we subscribe to the view that causal relations are reducible to sets of counterfactuals, and we use ever more sophisticated… Read More »Transformative treatments: a big methodological challenge for health economics

Placebos for all, or why the p-value should have no place in healthcare decision making

David Colquhoun, professor of pharmacology at UCL, has a new essay over at Aeon opining about the problems with p-values. A short while back, we also discussed p-value problems, and Colquhoun arrives at the same conclusions as us about the… Read More »Placebos for all, or why the p-value should have no place in healthcare decision making