## Abstract Health effects for costβeffectiveness analysis are best measured in life years, with quality of life in each life year expressed in terms of utilities. The standard gamble (SG) has been the gold standard for utility measurement. However, the biases of probability weighting, loss aversio
The standard gamble between cataract extraction and AMD
β Scribed by PaulusT.V.M. Jong; Jacobus Lubsen
- Publisher
- Springer-Verlag
- Year
- 2003
- Tongue
- English
- Weight
- 139 KB
- Volume
- 242
- Category
- Article
- ISSN
- 0065-6100
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This paper gives a new explanation for the systematic disparity between standard gamble (SG) utilities and time trade-off (TTO) utilities. The common explanation, which is based on expected utility, is that the disparity is caused by curvature of the utility function for duration. This explanation i
We examine the relationship between Visual Analogue Scale (VAS) and Standard Gamble (SG) assumed in the development of the multiplicative multi-attribute utility functions (M-MAUFs) for the Health Utilities Index (HUI) Mark 2 and Mark 3, using data from a UK valuation study of the HUI2. A range of f