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The aim of the current explorative study is to define and test a process for the valuation of the benefits associated with the prevention of non-fatal work-related accidents and ill health. A relativities approach is adopted, and monetary values for the prevention of three forms of work-related...
Persistent link: https://www.econbiz.de/10005689779
When deciding how to weigh benefits to different groups, standard economic models assume that people focus on the final distribution of utility, health or whatever. Thus, an egalitarian is assumed to be an egalitarian in the outcome space. But what about egalitarianism in the gains space, such...
Persistent link: https://www.econbiz.de/10005689905
The person trade-off (PTO) is increasingly being used to elicit preferences in health. This paper explores the measurement properties of the PTO method in the context of a study about how members of the public prioritise between patients of different ages. In particular, it considers whether PTO...
Persistent link: https://www.econbiz.de/10005689949
In cost-utility analysis, the numbers of quality-adjusted life years (QALYs) gained are aggregated according to the sum-ranking (or QALY maximisation) rule. This requires that the social value from health improvements is a simple product of gains in quality of life, length of life and the number...
Persistent link: https://www.econbiz.de/10005689968
This paper examines the differences in health state valuations given by patients when they are asked to value their own current states, and those given by members of the general population who were asked to value hypothetical health states. Patient data consist of 4137 observations on EQ-5D...
Persistent link: https://www.econbiz.de/10005694154
The number of people claiming Incapacity Benefit has remained fairly constant in recent years at around 2.7 million (7% of the working age population), although the numbers have trebled since the 1970s when an earlier version of this benefit was available. In January 2006 the UK Government set...
Persistent link: https://www.econbiz.de/10005628498
QALY maximization is sometimes criticized for being 'ageist', because, other things being equal, the elderly, with a shorter life expectancy, will be given lower priority. On the other hand, there are philosophical arguments that, for different reasons, advocate rationing health care to the...
Persistent link: https://www.econbiz.de/10005200059
As the number of preference-based instruments grows, it becomes increasingly important to compare different preference-based measures of health in order to inform an important debate on the choice of instrument. This paper presents a comparison of two of them, the EQ-5D and the SF-6D (recently...
Persistent link: https://www.econbiz.de/10005200086
Persistent link: https://www.econbiz.de/10011282745
Persistent link: https://www.econbiz.de/10011282783