Estimating a WTP-based value of a QALY: The ‘chained’ approach

Angela Robinson, Dorte Gyrd-Hansen (), Philomena Bacon, Rachel Baker, Mark Pennington and Cam Donaldson

Social Science & Medicine, 2013, vol. 92, issue C, 92-104

Abstract: A major issue in health economic evaluation is that of the value to place on a quality adjusted life year (QALY), commonly used as a measure of health care effectiveness across Europe. This critical policy issue is reflected in the growing interest across Europe in development of more sound methods to elicit such a value.

Keywords: Europe; Willingness to pay (WTP); WTP per QALY; Contingent valuation (CV); Stated preference; Health state utility assessment; Chained approach (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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DOI: 10.1016/j.socscimed.2013.05.013

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