Utility-based measures for health-related quality of life gain more and more importance in cost-effectiveness analysis …. The axiomatic foundation qualifies them as decision weights in use of the QALY concept. But their use is strained for they … reasonable to combine quality of life with length of life, those attributes fundamental to the QALY concept. One of those …

Most would agree that priority setting is necessary to avoid a financial collapse in the health sector. It is much … a reason hyprefernce-based methods for evaluations of different health states are not as common and popular as they … summarized in a so-called "Prospect Theory". These biases are quite obvious if one compares data of affected and unaffected …

In this paper we evaluate the QALY loss, which may be assigned to the prevalence of specific chronic illnesses and … physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British … Household Panel Survey data set. This question provides a natural cardinalization of health utility .Our method is a refinement …

health the empirical evidence is lacking. In this study we empirically measure multivariate and higher-order risk preferences … for quality of life and longevity, the two elements of the Quality-Adjusted Life Year (QALY) model. We observe … health than for money. Furthermore, we test if preferences for a risky treatment for a disease affecting only quality of life …