A note on the nature of utility in time and health and implications for cost utility analysis.

@article{Buckingham2009ANO,
  title={A note on the nature of utility in time and health and implications for cost utility analysis.},
  author={Ken J Buckingham and Nancy J Devlin},
  journal={Social science & medicine},
  year={2009},
  volume={68 2},
  pages={362-7}
}
Time Trade-Off (TTO) valuations of health are widely used in economic evaluation of health care. Current approaches to eliciting TTO values, and their use in economic evaluation, rest on specific assumptions about the way utility relates to time and health. Both the assumptions themselves and evidence of violations of them are discussed in the literature - yet the issues appear not to be widely appreciated by those using and applying TTO in economic evaluation. This paper adds to that… CONTINUE READING

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