Age-differentiated QALI Losses

  title={Age-differentiated QALI Losses},
  author={Bernard M. S. van Praag and Ada Ferrer-i-Carbonell}
In this paper we evaluate the QALY loss, which may be assigned to the prevalence of specific chronic illnesses and physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British Household Panel Survey data set. This question provides a natural cardinalization of health utility. Our method is a refinement of the method introduced by Cutler and Richardson (1997). We extend their approach in two directions. First, the health utility loss… CONTINUE READING