Using a discrete choice experiment to estimate health state utility values
Nick Bansback,
John Brazier (),
Aki Tsuchiya () and
Aslam Anis
Journal of Health Economics, 2012, vol. 31, issue 1, 306-318
Abstract:
In this study we explored a novel application of the discrete choice experiment (DCE) that resembles the time trade off (TTO) task to estimate values on the health utility scale for the EQ-5D. The DCE was tested in a survey alongside the TTO in a sample of English-speaking Canadians recruited by a market research company. The study found that the DCE is able to derive logical and consistent values for health states valued on the full health – dead scale. The DCE overcame some issues identified in the version of TTO currently used to value EQ-5D, notably allowing for fewer data exclusions and incorporating values considered worse than dead without introducing a separate valuation procedure. This has important implications for providing robust values that represent the preferences of all respondents.
Keywords: Preference-based health measures; EQ-5D; Health state valuation; DCE; TTO (search for similar items in EconPapers)
JEL-codes: I10 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (20)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhecon:v:31:y:2012:i:1:p:306-318
DOI: 10.1016/j.jhealeco.2011.11.004
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