Social Decision-Making Analysis: a general approach to inform decisions on resources in the public sector
Public expenditure aims to achieve social objectives by improving a range of socially valuable attributes of benefit (arguments in a social welfare function). Public expenditure is typically allocated to public sector budgets, where budget holders are tasked with meeting a subset of social objectives.
Source: Value in Health - Category: International Medicine & Public Health Authors: Francesco Longo, Karl Claxton, Susan Griffin, Anne Mason, Simon Walker, Helen Weatherly Source Type: research