Valuing Morbidity : An Integration of the Willingness-to-Pay and Health-Status Literatures

Note: The following text is a description of the paper and not the text of the abstract as printed in the Journal of Health Economics. Placing dollar values on human health has long been a controversial aspect of policy analysis and remains difficult, given the relatively small number of morbidity-valuation studies available. By combining both the economic and health literature, this paper offers an alternative approach to morbidity valuation and provides estimates for a wide range of short-term health conditions