Estimating a WTP-based value of a QALY: the ‘chained’ approach

Angela Robinson, Dorte Gyrd-Hansen, Philomena Bacon, Rachel Baker, Mark Pennington, Cam Donaldson

Research output: Contribution to journalArticle

Abstract

A major issue in health economic evaluation is that of the value to place on a quality adjusted life year (QALY), commonly used as a measure of health care effectiveness across Europe. This critical policy issue is reflected in the growing interest across Europe in development of more sound methods to elicit such a
value. EuroVaQ was a collaboration of researchers from 9 European countries, the main aim being to develop more robust methods to determine the monetary value of a QALY based on surveys of the general public.
Original languageEnglish
Pages (from-to)92-104
Number of pages13
JournalSocial Science and Medicine
Volume92
DOIs
Publication statusPublished - Sep 2013

Keywords

  • Europe
  • willingness to pay (WTP)
  • WTP per QALY
  • contingent valuation (CV)
  • Health state utility assessment
  • chained approach
  • stated preference

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