학제간연구 | Interdisciplinary Studies in Gambling | 跨学科研究
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- Article; Proceedings Paper] Tests of utility independence when health varies over time
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DocNo of ILP: 4155
Doc. Type: Article; Proceedings Paper
Title: Tests of utility independence when health varies over time
Authors: Spencer, A; Robinson, A
Full Name of Authors: Spencer, Anne; Robinson, Angela
Keywords by Author: utility independence; QALY
Keywords Plus: QALY MODEL; PREFERENCES; SEQUENCES; VALIDITY; OUTCOMES
Abstract: In the conventional quality adjusted life year (QALY) model, people's preferences are assumed to satisfy utility independence. When health varies over time, utility independence implies that the value attached to a health state is independent of the health state that arise before or after it. Two separate studies were conducted involving a total of 155 respondents. In study one, we conducted five tests of utility independence using a standard gamble question. Three of the tests of utility independence were repeated in study two after randomisation was introduced in order to take account of possible ordering effects. Utility independence holds in the majority of cases examined here and so our work generally supports the use of utility independence to derive more tractable models. (c) 2007 Elsevier B.V. All rights reserved.
Cate of OECD: Economics and business
Year of Publication: 2007
Business Area: gamble
Detail Business: gamble
Country: Netherlands
Study Area:
Name of Journal: JOURNAL OF HEALTH ECONOMICS
Language: English
Country of Authors: Queen Mary Univ London, Dept Econ, London, England; Univ E Anglia, Sch Med Hlth Policy & Practice, Norwich NR4 7TJ, Norfolk, England
Press Adress: Spencer, A (reprint author), Queen Mary Univ London, Dept Econ, London, England.
Email Address: a.e.spencer@qmul.ac.uk
Citaion:
Funding:
Lists of Citation: Bleichrodt H, 1997, J RISK UNCERTAINTY, V15, P151, DOI 10.1023/A:1007734401982; BLEICHRODT H, 1995, J HEALTH ECON, V14, P17, DOI 10.1016/0167-6296(94)00033-Z; Bleichrodt H, 1997, MED DECIS MAKING, V17, P21, DOI 10.1177/0272989X9701700103; Bleichrodt H, 2005, ECON J, V115, P533, DOI 10.1111/j.1468-0297.2005.00999.x; Chapman GB, 2000, J BEHAV DECIS MAKING, V13, P203, DOI 10.1002/(SICI)1099-0771(200004/06)13:2<203::AID-BDM317>3.0.CO;2-S; Doctor JN, 2004, J HEALTH ECON, V23, P353, DOI 10.1016/j.jhealeco.2003.11.004; Drummond MF, 1997, METHODS EC EVALUATIO; FISHBURN PC, 1965, OPER RES, V13, P28, DOI 10.1287/opre.13.1.28; GAFNI A, 1995, MED DECIS MAKING, V15, P31, DOI 10.1177/0272989X9501500106; GUERRERO AM, 2005, J HLTH EC, V24, P35; Kahneman D, 2005, ENVIRON RESOUR ECON, V32, P161, DOI 10.1007/s10640-005-6032-4; KAHNEMAN D, 1993, PSYCHOL SCI, V4, P401, DOI 10.1111/j.1467-9280.1993.tb00589.x; Keeney R.L., 1976, DECISIONS MULTIPLE O; LOEWENSTEIN GF, 1993, PSYCHOL REV, V100, P91, DOI 10.1037/0033-295X.100.1.91; Maxwell S. E., 1990, DESIGNING EXPT ANAL; MIYAMOTO JM, 1988, J EXP PSYCHOL GEN, V117, P3, DOI 10.1037//0096-3445.117.1.3; Ross W. T., 1991, Journal of Behavioral Decision Making, V4, DOI 10.1002/bdm.3960040405; Spencer A, 2003, SOC SCI MED, V57, P1697, DOI 10.1016/S0277-9536(02)00554-3; Treadwell JR, 1998, MED DECIS MAKING, V18, P418, DOI 10.1177/0272989X9801800410; Varey C., 1992, Journal of Behavioral Decision Making, V5, DOI 10.1002/bdm.3960050303
Number of Citaion: 20
Publication: ELSEVIER SCIENCE BV
City of Publication: AMSTERDAM
Address of Publication: PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS
ISSN: 0167-6296
29-Character Source Abbreviation: J HEALTH ECON
ISO Source Abbreviation: J. Health Econ.
Volume: 26
Version: 5
Start of File: 1003
End of File: 1013
DOI: 10.1016/j.jhealeco.2007.04.002
Number of Pages: 11
Web of Science Category: Economics; Health Care Sciences & Services; Health Policy & Services
Subject Category: Business & Economics; Health Care Sciences & Services
Document Delivery Number: 210OQ
Unique Article Identifier: WOS:000249465900008
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