Houtven, George Van; Powers, John; Jessup, Amber; Yang, … - In: Health Economics 15 (2006) 8, pp. 775-795
Many economists argue that willingness-to-pay (WTP) measures are most appropriate for assessing the welfare effects of health changes. Nevertheless, the health evaluation literature is still dominated by studies estimating nonmonetary health status measures (HSMs), which are often used to assess...