✦ LIBER ✦

Modelling the monetary value of a QALY: a new approach based on UK data

✍ Scribed by Helen Mason; Michael Jones-Lee; Cam Donaldson

Publisher: John Wiley and Sons
Year: 2009
Tongue: English
Weight: 177 KB
Volume: 18
Category: Article
ISSN: 1057-9230
DOI: 10.1002/hec.1416

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Debate about the monetary value of a quality‐adjusted life year (QALY) has existed in the health economics literature for some time. More recently, concern about such a value has arisen in UK health policy. This paper reports on an attempt to ‘model’ a willingness‐to‐pay‐based value of a QALY from the existing value of preventing a statistical fatality (VPF) currently used in UK public sector decision making. Two methods of deriving the value of a QALY from the existing UK VPF are outlined: one conventional and one new. The advantages and disadvantages of each of the approaches are discussed as well as the implications of the results for policy and health economic evaluation methodology. Copyright © 2008 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

A Study of Value-at-Risk Based on M-Esti

A Study of Value-at-Risk Based on M-Estimators of the Conditional Heteroscedastic Models

✍ Farhat Iqbal; Kanchan Mukherjee 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 119 KB 👁 2 views

## ABSTRACT In this paper, we investigate the performance of a class of M‐estimators for both symmetric and asymmetric conditional heteroscedastic models in the prediction of value‐at‐risk. The class of estimators includes the least absolute deviation (LAD), Huber's, Cauchy and B‐estimator, as well

A New Proposal for Multivariable Modelli

A New Proposal for Multivariable Modelling of Time-Varying Effects in Survival Data Based on Fractional Polynomial Time-Transformation

✍ Willi Sauerbrei; Patrick Royston; Maxime Look 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 340 KB 👁 2 views

A practical approach based on a unilater

A practical approach based on a unilateral FET model for the design of a MMIC distributed amplifier

✍ Claudio Paoloni; Stefano D'Agostino 📂 Article 📅 1996 🏛 John Wiley and Sons 🌐 English ⚖ 252 KB 👁 2 views

Figure 5 Convergence of the corrected diffraction coefficients f/')(w) to the exact pattern p,(w) of E = m as E increases from 2 to 1000 for 0, = 60", 8, = 300", and 0, = 330"

A learning model based on a didactic cog

A learning model based on a didactic cognitive approach: The case of single-degree-of-freedom systems

✍ Ana Lilia Laureano-Cruces; Amador Terán-Gilmore; Fernando de Arriaga 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 152 KB 👁 2 views

Aggregating conclusive and inconclusive

Aggregating conclusive and inconclusive information: Data and a model based on the assessment of threat

✍ Joseph V. Baranski; William M. Petrusic 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 481 KB 👁 2 views

## Abstract This study examined the process of combining conclusive and inconclusive information using a Naval threat assessment simulation. On each of 36 trials, participants interrogated 10 pieces of information (e.g., speed, direction, bearing, etc.) about “targets” in a simulated radar space. T

A new approach to fecal occult blood tes

A new approach to fecal occult blood testing based on the detection of haptoglobin

✍ Pei Xiang Xing; Graeme P. Young; Deborah Ho; Marc A. Sinatra; Peter B. Hoj; Ian 📂 Article 📅 1996 🏛 John Wiley and Sons 🌐 English ⚖ 778 KB

## Background: Colorectal carcinoma is a common disease, occurring in 1 in 20 adults in western society, and there is a compelling need for an effective early diagnostic test. several serum tests, including carcinoembryonic antigen have been used, but none are sufficiently sensitive for the early d