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Public health budget constraints force policy makers to prioritize resources toward those interventions that yield the highest perceived benefits. Intuitively, it appears optimal to focus resources on affordable interventions against prevalent diseases. However, due to the dynamics of infectious...
Persistent link: https://www.econbiz.de/10009203742
We show how to use the method of maximum likelihood estimation (MLE) to fit a second-order parametric distribution conditioned on a single explanatory variable to data. To illustrate the method, we demonstrate how a second-order log-normal distribution, conditioned on the population served, can...
Persistent link: https://www.econbiz.de/10010620100