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A game-theoretic framework for estimating a health purchaser’s willingness-to-pay for health and for expansion

✍ Scribed by Reza Yaesoubi; Stephen D. Roberts


Book ID
118299378
Publisher
Springer US
Year
2010
Tongue
English
Weight
823 KB
Volume
13
Category
Article
ISSN
1386-9620

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## Abstract Despite the widespread use of quality‐adjusted life years (QALY) in economic evaluation studies, their utility‐theoretic foundation remains unclear. A model for preferences over health, money, and time is presented in this paper. Under the usual assumptions of the original QALY‐model, a