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...