Copula-based modelling of self-reported health states: An application to the use of EQ-5D-3L and EQ-5D-5L in evaluating drug therapies for rheumatic disease
EQ-5D is used in cost-e ectiveness studies underlying many important health policy decisions. It comprises a survey instrument generating a description of health states across ve domains, and a system of utility values for each state. The original 3-level version of EQ-5D is being replaced with a more sensitive 5-level version but little is known about the consequences of this change. We develop a multi-equation ordinal response model incorporating a copula specification with normal mixture marginals to analyse the joint responses to EQ- 5D-3L and EQ-5D-5L in a survey of people a ected by rheumatoid disease, and use it to generate mappings between the 3-level and 5-level descriptive systems. We find significant conflicts between the two, which would imply the reversal of an important conclusion in a real-world evaluation of drug therapies.
Year of publication: |
2016
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Authors: | Hernandez-Alava, Monica ; Pudney, Stephen |
Publisher: |
Colchester : University of Essex, Institute for Social and Economic Research (ISER) |
Subject: | EQ-5D | ordinal response | copula | mixture models | rheumatoid arthritis | mapping | economic evaluation |
Saved in:
freely available
Series: | ISER Working Paper Series ; 2016-04 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 848634276 [GVK] hdl:10419/163530 [Handle] |
Classification: | C35 - Discrete Regression and Qualitative Choice Models ; C83 - Survey Methods; Sampling Methods ; D61 - Allocative Efficiency; Cost-Benefit Analysis ; H51 - Government Expenditures and Health ; I10 - Health. General |
Source: |
Persistent link: https://www.econbiz.de/10011690328