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The QALY at 50: One story many voices

Anne Spencer, Oliver Rivero-Arias, Ruth Wong, Aki Tsuchiya, Han Bleichrodt, Rhiannon Tudor Edwards, Richard Norman, Andrew Lloyd and Philip Clarke

Social Science & Medicine, 2022, vol. 296, issue C

Abstract: Research on quality adjusted life year (QALY) has been underway for just over 50 years, which seems like a suitable milestone to review its history. The purpose of this study is to provide a historical overview of why the QALY was developed, the key theoretical work undertaken by Torrance, Bush and Fanshel and how two seminal papers shaped its subsequent development.

Keywords: History of economic thought; Health outcomes; Cost-effectiveness analysis; Quality adjusted life years (QALY) (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1016/j.socscimed.2021.114653

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