Maximal endurable time states and the standard gamble: more preference reversals
P. Stalmeier () and
A. Verheijen
The European Journal of Health Economics, 2013, vol. 14, issue 6, 977 pages
Abstract:
The observed reversal rate for the standard gamble is similar to rates observed previously with the TTO method. Utility measurement of poor health states is problematic, both with the TTO and standard gamble methods. Copyright Springer-Verlag Berlin Heidelberg 2013
Keywords: Standard gamble; Trade-off; Utility; QALY; Maximal endurable time; Preference reversal; I12: Health Production; I31: General Welfare; Quality of Life (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eujhec:v:14:y:2013:i:6:p:971-977
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DOI: 10.1007/s10198-012-0445-0
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