- AN ALTERNATIVE THEORY OF HEALTH CARE DECISION MAKING

Carmen Herrero ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: Starting from a finite or countable set of states of health, and assuming the existence of an objective transitive preference relation on that set, we propose a way of performing interpersonal comparisons of states of health among individuals of different type. Then, a way of evaluating health streams for an individual is proposed. Finally, we rationalize a way of ranking alternative situations (life histories in terms of health) for a given group of individuals. Our approach is both Type-sensitive and Time-sensitive.

Keywords: QALY; States of Health; Comparison (search for similar items in EconPapers)
Pages: 15 pages
Date: 1998-07
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1998-15

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