Using the person trade-off approach to examine differences between individual and social values
AbstractHealth state valuations, elicited by methods such as the standard gamble and the time trade-off, give an indication of the value that an individual attaches to particular health states. As measures of individual values, it has been argued that such valuations serve as poor proxies for social preferences, which, it is suggested, are a function of other factors, such as the initial severity of the patient's health state. The person trade-off (PTO) method has been proposed as a technique which takes account of many of these other factors. This paper reports on a study using the PTO to investigate whether an individual's preferences over treatments for themselves differ from their preferences when they are asked to think about the treatment of other people. The results suggest that there is indeed a difference, although qualitative data suggests that health gain is an important determinant of social value. This latter finding runs counter to those of a number of other studies which suggest that concerns about pre-treatment severity are as, if not more, important. Possible explanations for the differences are put forward. © 1998 John Wiley & Sons, Ltd.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Health Economics.
Volume (Year): 7 (1998)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/5749
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gyrd-Hansen, Dorte, 2004. "Investigating the social value of health changes," Journal of Health Economics, Elsevier, Elsevier, vol. 23(6), pages 1101-1116, November.
- Lars Østerdal, 2009. "The lack of theoretical support for using person trade-offs in QALY-type models," The European Journal of Health Economics, Springer, Springer, vol. 10(4), pages 429-436, October.
- Colin Green, 2001. "On the societal value of health care: what do we know about the person trade-off technique?," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 10(3), pages 233-243.
- Paul Dolan & Rebecca Shaw & Aki Tsuchiya & Alan Williams, 2005. "QALY maximisation and people's preferences: a methodological review of the literature," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 14(2), pages 197-208.
- Jeff Richardson & John McKie & Stuart Peacock & Angelo Iezzi, 2011.
"Severity as an independent determinant of the social value of a health service,"
The European Journal of Health Economics, Springer,
Springer, vol. 12(2), pages 163-174, April.
- Jeff Richardson & John McKie & Stuart Peacock & Angelo Iezzi, 2007. "Severity as an independent determinant of the social Value of a health service," Centre for Health Economics Research Papers, Monash University, Centre for Health Economics 18/07, Monash University, Centre for Health Economics.
- Edward C. Mansley & Elamin H. Elbasha, 2003. "Preferences and person trade-offs: forcing consistency or inconsistency in health-related quality of life measures?," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 12(3), pages 187-198.
- Shah, Koonal K., 2009. "Severity of illness and priority setting in healthcare: A review of the literature," Health Policy, Elsevier, Elsevier, vol. 93(2-3), pages 77-84, December.
- Nord, Erik & Johansen, Rune, 2014. "Concerns for severity in priority setting in health care: A review of trade-off data in preference studies and implications for societal willingness to pay for a QALY," Health Policy, Elsevier, Elsevier, vol. 116(2), pages 281-288.
- Anne Spencer, 2003. "The TTO method and procedural invariance," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 12(8), pages 655-668.
- Nord, Erik, 2013. "Disability weights in the Global Burden of Disease 2010: Unclear meaning and overstatement of international agreement," Health Policy, Elsevier, Elsevier, vol. 111(1), pages 99-104.
- Rachel Baker & Angela Robinson, 2004. "Responses to standard gambles: are preferences 'well constructed'?," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 13(1), pages 37-48.
- Paul Dolan & Aki Tsuchiya, 2003. "The person trade-off method and the transitivity principle: an example from preferences over age weighting," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 12(6), pages 505-510.
- Doctor, Jason N. & Miyamoto, John & Bleichrodt, Han, 2009. "When are person tradeoffs valid?," Journal of Health Economics, Elsevier, Elsevier, vol. 28(5), pages 1018-1027, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.