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Several studies have sought to determine the monetary value of health gains expressed as Quality Adjusted Life Years gained, predominantly using Willingness to Pay approaches. However, Willingness to Pay has a number of recognised problems, most notably its insensitivity to scope. This paper...
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Willingness to pay (WTP) elicitations suffer from various methodological problems. This paper tests a recently proposed alternative approach to value WTP for health, making use of trade-offs between income and lifetime or quality of life. We apply three experimental elicitation procedures and...
Persistent link: https://www.econbiz.de/10015245691
Willingness to pay (WTP) elicitations suffer from various methodological problems. This paper tests a recently proposed alternative approach to value WTP for health, making use of trade-offs between income and lifetime or quality of life. We apply three experimental elicitation procedures and...
Persistent link: https://www.econbiz.de/10011118549
Productivity costs are frequently omitted from economic evaluations, despite their often strong impact on cost-effectiveness outcomes. This neglect may be partly explained by the lack of standardization regarding the methodology of estimating productivity costs. This paper aims to contribute to...
Persistent link: https://www.econbiz.de/10010848948
<Emphasis Type="Bold">Background: When guidelines for health economic evaluations prescribe that a societal perspective should be adopted, productivity costs should be included. However, previous research suggests that, in practice, productivity costs are often neglected. This may considerably bias the results of...</emphasis>
Persistent link: https://www.econbiz.de/10011001441
Background:Background: When guidelines for health economic evaluations prescribe that a societal perspective should be adopted, productivity costs should be included. However, previous research suggests that, in practice, productivity costs are often neglected. This may considerably bias the...
Persistent link: https://www.econbiz.de/10011005068
Overall, it appears possible to make reasonable productivity predictions based on EQ-5D data. Further exploration and validation of prediction algorithms remains necessary, however, especially for presenteeism. </AbstractSection> Copyright Springer-Verlag Berlin Heidelberg 2014
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