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In this article, changes in the quality of health-adjusted life expectancy of the British population between 1991 and 1998 are analysed. It is found that at all given age levels, life expectancy increased during this period. Life expectancy at birth increased by 1 year for women and by 1.5 years...
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In this article, we use a unique data set on criminal behaviour to analyse the effects of education on offences and crimes committed. The findings suggest that substantial savings on the social costs of crime can be obtained by investing in education. We find that the probability of committing...
Persistent link: https://www.econbiz.de/10008583000
Background: A major problem in cost-effectiveness studies is where to draw the line between interventions which are cost-effective and those who are not. Lacking a notion about the value of a QALY, all ultimate values to the cost-effectiveness ratio are essentially arbitrary. Methods: This paper...
Persistent link: https://www.econbiz.de/10009459937
This paper introduces a new method to calculate the extent to which individuals are willing to trade money for improvements in their health status. An individual welfare function of income (WFI) is applied to calculate the compensating income variation of health impairments. We believe that this...
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