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Ulf Gerdtham. Photo.

Ulf Gerdtham

Professor

Ulf Gerdtham. Photo.

A note on the estimation of the equity-efficiency trade-off for QALYs

Author

  • Magnus Johannesson
  • Ulf G. Gerdtham

Summary, in English

In this note the veil of ignorance approach is tested as a basis for empirically determining the shape of the social welfare function for QALYs. An experiment is carried out where the participants choose between different societies that differ with respect to per capita QALYs and the distribution of QALYs. The answers are analyzed using logistic regression analysis, According to the results the respondents are willing to give up 1 QALY in the group with more QALYs to gain 0.45 QALYs in the group with fewer QALYs,but this trade-off is independent of the size of the difference in QALYs between the groups.

Publishing year

1996-01-01

Language

English

Pages

359-368

Publication/Series

Journal of Health Economics

Volume

15

Issue

3

Document type

Journal article

Publisher

Elsevier

Topic

  • Economics

Keywords

  • Efficiency
  • Equity
  • QALYs
  • Social welfare functions

Status

Published

ISBN/ISSN/Other

  • ISSN: 0167-6296