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QALYs versus HYEs - What's Right and What's Wrong

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Author Info
Ried, Walter (Institut für Volkswirtschaft und Statistik (IVS))
Abstract

Some twenty years ago, the quality-adjusted life years (QALY) approach was developed for the purpose of assessing changes in mortality and morbidity in terms of individual preferences. Recently, it has been challenged by the healthy-years equivalent (HYE)

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Paper provided by Institut für Volkswirtschaft und Statistik (IVS), University of Mannheim in its series IVS discussion paper series with number 544.

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Handle: RePEc:mea:ivswpa:544

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  1. A Mehrez & A Gafni, 1991. "Healthy Years Equivalent: How to Measure Them Using the Standard Gamble Approach," Centre for Health Economics and Policy Analysis Working Paper Series 22, Centre for Health Economics and Policy Analysis (CHEPA), McMaster University, Hamilton, Canada. [Downloadable!]
  2. Michael Grossman, 1972. "The Demand for Health: A Theoretical and Empirical Investigation," NBER Books, National Bureau of Economic Research, Inc, number gros72-1.
  3. Culyer, A. J. & Wagstaff, Adam, 1995. "QALYs versus HYEs: A reply to Gafni, Birch and Mehrez," Journal of Health Economics, Elsevier, vol. 14(1), pages 39-45, May. [Downloadable!] (restricted)
  4. Culyer, A. J. & Wagstaff, Adam, 1993. "QALYs versus HYEs," Journal of Health Economics, Elsevier, vol. 12(3), pages 311-323, October. [Downloadable!] (restricted)
  5. Johannesson, Magnus, 1995. "Quality-adjusted life-years versus healthy-years equivalents -- A comment," Journal of Health Economics, Elsevier, vol. 14(1), pages 9-16, May. [Downloadable!] (restricted)
  6. Loomes, Graham, 1995. "The myth of the HYE," Journal of Health Economics, Elsevier, vol. 14(1), pages 1-7, May. [Downloadable!] (restricted)
  7. Bleichrodt, Han, 1995. "QALYs and HYEs: Under what conditions are they equivalent?," Journal of Health Economics, Elsevier, vol. 14(1), pages 17-37, May. [Downloadable!] (restricted)
  8. Olson, Mancur & Bailey, Martin J, 1981. "Positive Time Preference," Journal of Political Economy, University of Chicago Press, vol. 89(1), pages 1-25, February. [Downloadable!] (restricted)
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