Measuring the value of life: exploring a new method for deriving the monetary value of a QALY

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.

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Year of publication:	2009
Authors:	Tilling, C ; Krol, M ; Tsuchiya, A ; Brazier, J ; van Exel, J ; Brouwer, W
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	QALYs \| time trade off \| quality of life valuation

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	I31 - General Welfare; Basic Needs; Quality of Life ; I19 - Health. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008919783