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A Bayesian framework for combining valuation estimates

✍ Scribed by Kenton K. Yee

Publisher
Springer US
Year
2007
Tongue
English
Weight
354 KB
Volume
30
Category
Article
ISSN
0924-865X

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## Abstract This paper proposes a theoretical framework, drawing on Hicks utility theory, for the Time Trade‐off (TTO) method conventionally used to value health states. We briefly describe that theory and posit four distinctive TTO valuation approaches suggested by it: each of compensating variati