A uniform time trade off method for states better and worse than dead: feasibility study of the ‘lead time’ approach

Nancy Devlin (), Aki Tsuchiya (), Ken Buckingham and Carl Tilling

Health Economics, 2011, vol. 20, issue 3, 348-361

Abstract: The way time trade off (TTO) values are elicited for states of health considered ‘worse than being dead’ has important implications for the mean values used in economic evaluation. Conventional approaches to TTO, as used in the UK's ‘MVH’ value set, are problematic because they require fundamentally different trade‐offs tasks for the valuation of states better and worse than dead. This study aims to refine and test the feasibility of a new approach described by Robinson and Spencer (2006. Health Economics 15: 393–402), and to explore the characteristics of the valuation data it generates. The approach introduces a ‘lead time’ into the TTO, producing a uniform procedure for generating values either >0 or

Date: 2011
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https://doi.org/10.1002/hec.1596

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Working Paper: A uniform Time Trade Off method for states better and worse than dead: feasibility study of the ‘lead time’ approach (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:hlthec:v:20:y:2011:i:3:p:348-361

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