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QALYs and HYEs: Under what conditions are they equivalent?

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  • Bleichrodt, Han

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  • Bleichrodt, Han, 1995. "QALYs and HYEs: Under what conditions are they equivalent?," Journal of Health Economics, Elsevier, vol. 14(1), pages 17-37, May.
  • Handle: RePEc:eee:jhecon:v:14:y:1995:i:1:p:17-37
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    1. A Mehrez & A Gafni, 1991. "Healthy Years Equivalent: How to Measure Them Using the Standard Gamble Approach," Centre for Health Economics and Policy Analysis Working Paper Series 22, Centre for Health Economics and Policy Analysis (CHEPA), McMaster University, Hamilton, Canada.
    2. Gafni, Amiram & Birch, Stephen & Mehrez, Abraham, 1993. "Economics, health and health economics: HYEs versus QALYs," Journal of Health Economics, Elsevier, vol. 12(3), pages 325-339, October.
    3. Michael Grossman, 1972. "The Demand for Health: A Theoretical and Empirical Investigation," NBER Books, National Bureau of Economic Research, Inc, number gros72-1.
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    5. George W. Torrance & Michael H. Boyle & Sargent P. Horwood, 1982. "Application of Multi-Attribute Utility Theory to Measure Social Preferences for Health States," Operations Research, INFORMS, vol. 30(6), pages 1043-1069, December.
    6. Joseph S. Pliskin & Donald S. Shepard & Milton C. Weinstein, 1980. "Utility Functions for Life Years and Health Status," Operations Research, INFORMS, vol. 28(1), pages 206-224, February.
    7. Luce, R Duncan & Mellers, Barbara A & Chang, Shi-jie, 1993. "Is Choice the Correct Primitive? On Using Certainty Equivalents and Reference Levels to Predict Choices among Gambles," Journal of Risk and Uncertainty, Springer, vol. 6(2), pages 115-143, April.
    8. Gafni, Amiram & Birch, Stephen, 1991. "Equity considerations in utility-based measures of health outcomes in economic appraisals: An adjustment algorithm," Journal of Health Economics, Elsevier, vol. 10(3), pages 329-342, October.
    9. Stuart Eriksen & L. Robin Keller, 1993. "A Multiattribute-utility-function Approach to Weighing the Risks and Benefits of Pharmaceutical Agents," Medical Decision Making, , vol. 13(2), pages 118-125, June.
    10. Loomes, Graham & McKenzie, Lynda, 1989. "The use of QALYs in health care decision making," Social Science & Medicine, Elsevier, vol. 28(4), pages 299-308, January.
    11. Amos Tversky & Daniel Kahneman, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1039-1061.
    12. Heather J. Sutherland & Hilary Llewellyn-Thomas & Norman F. Boyd & James E. Till, 1982. "Attitudes Toward Quality of Survival," Medical Decision Making, , vol. 2(3), pages 299-309, August.
    13. Abraham Mehrez & Amiram Gafni, 1989. "Quality-adjusted Life Years, Utility Theory, and Healthy-years Equivalents," Medical Decision Making, , vol. 9(2), pages 142-149, June.
    14. Peter C. Fishburn, 1965. "Independence in Utility Theory with Whole Product Sets," Operations Research, INFORMS, vol. 13(1), pages 28-45, February.
    15. Viscusi, W Kip & Evans, William N, 1990. "Utility Functions That Depend on Health Status: Estimates and Economic Implications," American Economic Review, American Economic Association, vol. 80(3), pages 353-374, June.
    16. Abraham Mehrez & Amiram Gafni, 1991. "The Healthy-years Equivalents," Medical Decision Making, , vol. 11(2), pages 140-146, June.
    17. Magnus Johannesson & Joseph S. Pliskin & Milton C. Weinstein, 1993. "Are Healthy-years Equivalents an Improvement over Quality-adjusted Life Years?," Medical Decision Making, , vol. 13(4), pages 281-286, December.
    18. Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
    19. Culyer, A. J. & Wagstaff, Adam, 1993. "QALYs versus HYEs," Journal of Health Economics, Elsevier, vol. 12(3), pages 311-323, October.
    20. Loomes, Graham, 1995. "The myth of the HYE," Journal of Health Economics, Elsevier, vol. 14(1), pages 1-7, May.
    21. Karni, Edi & Schmeidler, David, 1991. "Utility theory with uncertainty," Handbook of Mathematical Economics, in: W. Hildenbrand & H. Sonnenschein (ed.), Handbook of Mathematical Economics, edition 1, volume 4, chapter 33, pages 1763-1831, Elsevier.
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