Modelling the relationship between the description and valuation of health states

  title={Modelling the relationship between the description and valuation of health states},
  author={Paul Dolan},
A number of health state descriptive systems have been specifically designed for calculating a single index value for every state defined within the system. Since most descriptive systems define more health states than it is feasible to elicit direct valuations for in an empirical study, choices have to be made about how best to estimate values for all states from direct observations on a subset of those states. This paper discusses the relative merits of the decomposed and composite approaches… CONTINUE READING

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