Comparison and evaluation of states of health

Carmen Herrero (), José Luis Pinto and Han Bleichrodt

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

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. In so doing, we first consider the population divided into types, and consider that two individuals of a different type have a comparable state of health whenever they sit at the same centile of their respective type. A way of comparing and evaluating states of health for different groups is then proposed and rationalized. This can be viewed as both an alternative and an extension of the traditional QALY approach.

Keywords: QALY; states of health; comparison; types (search for similar items in EconPapers)
JEL-codes: H51 I10 (search for similar items in EconPapers)
Date: 1997-12, Revised 1998-03
New Economics Papers: this item is included in nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: - COMPARISION AND EVALUATION OF STATES OF HEALTH (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:275

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