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Persistent link: https://www.econbiz.de/10012082441
In this response we concentrate on what Weinstein et al. call the 'major disagreement' between the Erasmus group and the US Panel, which concerns the measurement of productivity losses during illness. We consider the consequences for the individual, for the employer and for the rest of society...
Persistent link: https://www.econbiz.de/10005442712
ABSTRACT The Time Trade‐off (TTO) method is a popular method for valuing health state utilities and is frequently used in economic evaluations. However, this method produces utilities that are distorted by several biases. One important bias entails the failure to incorporate time discounting....
Persistent link: https://www.econbiz.de/10011005355
In this paper it is argued that the separation of elements associated with the time spent by the patient is not conducted in a consistent way. This is the case for income (for which there at least has been some attention) and for other time elements like lost unpaid work, leisure and...
Persistent link: https://www.econbiz.de/10005694133