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Demographic Issues in Longevity Risk Analysis

✍ Scribed by Eric Stallard

Book ID
109158467
Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
182 KB
Volume
73
Category
Article
ISSN
0022-4367

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## Abstract We use a simple lifetime utility maximization model to study the problem of medical resource allocation. This model leads to a welfare specification with a QALY (quality‐adjusted life‐year) component that captures an individual's preferences over both life expectancy and health status.