Bleichrodt, Han; Quiggin, John - In: Journal of Health Economics 32 (2013) 1, pp. 128-137
Quality-Adjusted Life Years (QALYs) are the most widely used measure of health in economic evaluations of health care …. Within a welfarist framework QALYs are consistent with people's preferences under stringent assumptions. Several authors have … argued that QALYs are a valid measure of health within an extra-welfarist framework. This paper studies the applicability of …