Expected social utility of life time in the presence of a chronic disease
Paul G. H. Mulder and
Anton L. Hempenius
Health Economics, 1993, vol. 2, issue 3, 267-279
Abstract:
Interventive action aimed at reducing the incidence of an irreversible chronic noncommunicable disease in a population has various effects. Hopefully, it increases total longevity in the population and it causes the disease to develop later in time in a smaller portion of the population. In this paper a statistical model is built by which these effects can be estimated. A three dimensional probability density function that underlies this model is changed by the interventive action. It is shown how a three dimensional utility function can be defined to appropriately judge this change.
Date: 1993
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https://doi.org/10.1002/hec.4730020310
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Persistent link: https://EconPapers.repec.org/RePEc:wly:hlthec:v:2:y:1993:i:3:p:267-279
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