Book reviews Cost-value Analysis in Health Care: Making

Eric Nord’s book is required reading for all those interested in resource allocation. It is largely a book on health economics, but the importance of the issues discussed and the clarity of this book mean that it is relevant to all those involved in resource alloca-tion. One of the more common objec-tions to QALYs (Quality Adjusted Life Years) is that they focus on max-imising the benefit produced by health care without paying attention to other factors relevant to allocation. One of the basic theses of Nord’s book is tha