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The QALY model wich came in from a general population survey: roughly multiplicative, broadly nonlinear and sometimes contex-dependt

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Author Info
Jose Mª Abellán Perpiñán () (Universidad de Murcia)
Fernando Ignacio Sánchez Martínez () (Universidad de Murcia)
Jorge Eduardo Martínez Pérez () (Universidad de Murcia)
Ildefonso Méndez Martínez (Universidad de Murcia)

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Abstract

Este trabajo aplica un método, propuesto inicialmente por Miyamoto (2000), para ajustar los pesos de calidad de vida (o utilidades de los estados de salud) en función de la curvatura de la función de utilidad del tiempo de vida. El procedimiento de ajuste aplicado es robusto ante fenómenos como la propagación del error y el sesgo ocasionado por la transformación de la probabilidad. Los parámetros de curvatura estimados fueron, por lo general, consistentes con la evidencia empírica precedente. Asimismo, el presente estudio también recoge varios contrastes de axiomas clave para el modelo AVAC (Año de Vida Ajustado por la Calidad), válidos tanto para el paradigma de la utilidad esperada como para el paradigma de la utilidad dependiente del orden. Los resultados alcanzados, merced a una encuesta realizada a una gran muestra de población general, sugieren que las preferencias “medianas” de dicha muestra pueden aproximarse razonablemente bien mediante un modelo AVAC multiplicativo, dotado de una función de utilidad potencial del tiempo de vida. Por último, para un número relativamente considerable de estados de salud, hallamos evidencia contraria a la práctica habitual de transferir las utilidades de los estados de salud del contexto de decisión en el que fueron estimadas (p.ej. un contexto de certidumbre) a otro contexto diferente (p.ej. un contexto de incertidumbre).

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Paper provided by Centro de Estudios Andaluces in its series Economic Working Papers at Centro de Estudios Andaluces with number E2009/04.

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Length: 50 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:cea:doctra:e2009_04

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Related research
Keywords: biases; expected utility; rank-dependent utility; time trade-off; value lottery equivalence;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Abdellaoui, Mohammed & Barrios, Carolina & Wakker, Peter P., 2007. "Reconciling introspective utility with revealed preference: Experimental arguments based on prospect theory," Journal of Econometrics, Elsevier, vol. 138(1), pages 356-378, May. [Downloadable!] (restricted)
  2. Attema, Arthur E. & Brouwer, Werner B.F., 2009. "The correction of TTO-scores for utility curvature using a risk-free utility elicitation method," Journal of Health Economics, Elsevier, vol. 28(1), pages 234-243, January. [Downloadable!] (restricted)
  3. Han Bleichrodt, 2002. "A new explanation for the difference between time trade-off utilities and standard gamble utilities," Health Economics, John Wiley & Sons, Ltd., vol. 11(5), pages 447-456. [Downloadable!]
  4. Bleichrodt, Han, 2001. " Probability Weighting in Choice under Risk: An Empirical Test," Journal of Risk and Uncertainty, Springer, vol. 23(2), pages 185-98, September. [Downloadable!] (restricted)
  5. Adam Oliver, 2005. "Testing the internal consistency of the lottery equivalents method using health outcomes," Health Economics, John Wiley & Sons, Ltd., vol. 14(2), pages 149-159. [Downloadable!]
  6. Han Bleichrodt & Jose María Abellán Perpiñán & Jose Luis Pinto-Prades & Ildefonso Méndez-Martínez, 2006. "Resolving Inconsistencies in Utility Measurement under Risk: Tests of Generalizations of Expected Utility," Working Papers 06.19, Universidad Pablo de Olavide, Department of Economics. [Downloadable!]
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  7. Oliver, Adam, 2003. "The internal consistency of the standard gamble: tests after adjusting for prospect theory," Journal of Health Economics, Elsevier, vol. 22(4), pages 659-674, July. [Downloadable!] (restricted)
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This page was last updated on 2009-11-16.


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