wtp: Probe willingness to pay

In MDMA: Mathijs Deen's Miscellaneous Auxiliaries

Probe willingness to pay

Description

Get the probability of being cost-effective given a certain cost-effectiveness threshold, and vice versa.

Usage

wtp(x, threshold = NULL, probability = NULL)

Arguments

x	object of class CEAC
threshold	cost-effectiveness threshold
probability	probability of being cost-effective

Details

One of the two parameters threshold and probability should be specified.

Value

wtp either the probability or the threshold. If there is no exact match to the given parameter in the bootstrap samples, the result is interpolated.

Author(s)

Mathijs Deen

Examples

CEA(gnomes, insulationMethod, Costs, diffHATS, 1000, "acorns") |>
  CEAC() |>
  wtp(probability = 0.80)
CEA(gnomes, insulationMethod, Costs, diffHATS, 1000, "acorns") |>
  CEAC() |>
  wtp(threshold = 8)

MDMA documentation built on April 3, 2025, 11:10 p.m.