Cost Analysis With Censored Data

Longitudinal analysis of censored medical cost data.

This paper applies the inverse probability weighted (IPW) least-squares method to estimate the effects of treatment on total medical cost, subject to censoring, in a panel-data setting. IPW pooled ordinary-least squares (POLS) and IPW random effects (RE) models are used. Because total medical cost might not be independent of survival time under administrative censoring, unweighted POLS and RE c...

Using inverse-weighting in cost-effectiveness analysis with censored data.

Due to induced dependent censoring, estimating mean costs and quality-adjusted survival in a cost-effectiveness analysis using standard life-table methods leads to biased results. In this paper we propose methods for estimating the difference in mean costs and the difference in effectiveness, together with their respective variances and covariance in the presence of dependent censoring. We cons...

Cost Efficiency Measures In Data Envelopment Analysis With Nonhomogeneous DMUs

In the conventional data envelopment analysis (DEA), it is assumed that all decision making units (DMUs) using the same input and output measures, means that DMUs are homogeneous. In some settings, however, this usual assumption of DEA might be violated. A related problem is the problem of textit{missing} textit{data} where a DMU produces a certain output or consumes a certain input but the val...

Analysis of censored data

Analyzing events over time is often complicated by incomplete, or censored, observations. Special non-parametric statistical methods were developed to overcome difficulties in summarizing and comparing censored data. Life-table (actuarial) method and Kaplan-Meier method are described with an explanation of survival curves. For the didactic purpose authors prepared a workbook based on most widel...

Analysis of Environmental Data with Censored Observations