A proposal to solve the comparability problem in cost-utility analysis.
In cost-utility analysis it is assumed that health state valuations are directly comparable across individuals. Instead, health state valuations may be relative and related to people's expectations and abilities. Then health state valuations are not fully comparable across people and, consequently, cost utility analysis cannot be applied in full. The present paper analyzes this comparability problem and proposes a method to solve it.
Bleichrodt
Han
H
iMTA/iBMG, Erasmus University, Rotterdam, The Netherlands. bleichrodt@bmg.eur.nl
Herrero
Carmen
C
Pinto
José Luís
JL
D003258:Consumer Behavior; D003362:Cost-Benefit Analysis / Q000379:methods* / Q000706:statistics & numerical data; D006302:Health Services Research / Q000379:methods / Q000706:statistics & numerical data; D006304:Health Status; D006801:Humans; D015233:Models, Statistical; D019057:Quality-Adjusted Life Years; D026712:Value of Life