A nonparametric elicitation of the equity-efficiency trade-off in cost-utility analysis.

@article{Bleichrodt2005ANE,
  title={A nonparametric elicitation of the equity-efficiency trade-off in cost-utility analysis.},
  author={Han Bleichrodt and Jason Doctor and Elly Stolk},
  journal={Journal of health economics},
  year={2005},
  volume={24 4},
  pages={655-78}
}
We performed an empirical elicitation of the equity-efficiency trade-off in cost-utility analysis using the rank-dependent quality-adjusted life-year (QALY) model, a model that includes as special cases many of the social welfare functions that have been proposed in the literature. Our elicitation method corrects for utility curvature and, therefore, our estimated equity weights are not affected by diminishing marginal utility. We observed a preference for equality in the allocation of health… CONTINUE READING

From This Paper

Topics from this paper.
25 Citations
0 References
Similar Papers

Citations

Publications citing this paper.
Showing 1-10 of 25 extracted citations

Similar Papers

Loading similar papers…