A proposal to solve the comparability problem in cost-utility analysis
Journal of Health Economics , Volume 21 - Issue 3 p. 397- 403
In cost-utility analysis it is assumed that health state valuations are directly comparable across individuals. Instead, health state valuations may be relative and related to people’s expectations and abilities. Then health state valuations are not fully comparable across people and, consequently, cost utility analysis cannot be applied in full. The present paper analyzes this comparability problem and proposes a method to solve it.
|comparability of health state utilities, cost utility analysis|
|Government Expenditures and Health (jel H51), Health: General (jel I10)|
|Journal of Health Economics|
|Organisation||Erasmus School of Health Policy & Management (ESHPM)|
Bleichrodt, H, Herrero, C, & Pinto, J.L. (2002). A proposal to solve the comparability problem in cost-utility analysis. Journal of Health Economics, 21(3), 397–403. doi:10.1016/S0167-6296(01)00136-9