Cost-benefit analysis of assistive technology to support independence for people with dementia – Part 1: Development of a methodological approach to the ENABLE cost-benefit analysis
Affiliations: Work Research Centre Ltd, 1 Greenlea Drive, Dublin 6W, Ireland | P.O. Box 7167 Majorstua, 0307 Oslo, Norway
Correspondence:
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Address for correspondence: Petrina Duff, Health Service Executive, Dublin Mid Leinster, William Street, Tullamore, Co. Offaly, Ireland. Tel.: +57 9327924; Fax: +57 9326047; E-mail: petrina.duff@mailq.hse.ie.
Abstract: One of the main tasks of the ENABLE project was to develop a methodology to support the assessment of the socio-economic costs and benefits at both a micro (individual) and macro (societal) level of the technologies developed and tested within the project. In simple terms, the goal of the ENABLE cost-benefit approach was to identify whether the benefits resulting from using the ENABLE technologies exceed their costs in terms of positive net social gains, thus indicating that they are a worthwhile investment from an individual and societal perspective. The cost-benefit analysis should, therefore, assess the technologies in relation to socio-economic costs and any socio-economic benefits yielded. This paper presents an overview of the development of the cost-benefit methodology used in the assessment trials in ENABLE.
