Bleichrodt, Han; Wakker, Peter; Johannesson, Magnus - In: Journal of Risk and Uncertainty 15 (1997) 2, pp. 107-14
This paper shows that QALYs can be derived from more elementary conditions than thought hitherto in the literature: it suffices to impose risk neutrality for life years in every health state. This derivation of QALYs is appealing because it does not require knowledge of concepts from utility...