Tilling, C and Krol, M and Tsuchiya, A and Brazier, J and van Exel, J and Brouwer, W (2009): Measuring the value of life: exploring a new method for deriving the monetary value of a QALY.
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In this paper we present an alternative approach to estimating the monetary value of a QALY (MVQ), which is based upon a time trade off (TTO) exercise of income with health held constant at perfect health. We present the methods and theory underlying this experimental approach and some results from an online feasibility study in the Netherlands.
|Item Type:||MPRA Paper|
|Original Title:||Measuring the value of life: exploring a new method for deriving the monetary value of a QALY|
|Keywords:||QALYs; time trade off; quality of life valuation|
|Subjects:||I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I31 - General Welfare, Well-Being
I - Health, Education, and Welfare > I1 - Health > I19 - Other
|Depositing User:||Sarah McEvoy|
|Date Deposited:||06. Apr 2011 22:37|
|Last Modified:||15. Feb 2013 22:54|
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