Groot, Wim; Brink, Henriëtte Maassen van den; Plug, Erik - In: Health Economics 13 (2004) 9, pp. 859-872
This paper introduces a new method to calculate the extent to which individuals are willing to trade money for improvements in their health status. An individual welfare function of income (WFI) is applied to calculate the equivalent income variation of health impairments. We believe that this...