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Valuing the intangible costs of cirrhosis of the liver: a two-step procedure

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  • Claude Jeanrenaud
  • France Priez
  • Marco Vannotti

Abstract

The human costs of cirrhosis of the liver are valued in monetary units using a two-step procedure. In the first step, the standard gamble method is applied in order to assess a health quality index for the disease. The quality index is then converted into francs. The human costs represent the loss in the quality of life due to cirrhosis of the liver and its health implications. The cost estimate is based on two surveys - a contingent valuation and a standard gamble - carried out among a sample of the Swiss population.

Suggested Citation

  • Claude Jeanrenaud & France Priez & Marco Vannotti, 2001. "Valuing the intangible costs of cirrhosis of the liver: a two-step procedure," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 137(I), pages 87-102, March.
  • Handle: RePEc:ses:arsjes:2001-i-8
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    References listed on IDEAS

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    1. France Priez & Claude Jeanrenaud, 1999. "Human Costs of Chronic Bronchitis in Switzerland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 135(III), pages 287-301, September.
    2. Dolan, P. & Gudex, C. & Kind, P. & Williams, A., 1996. "Valuing health states: A comparison of methods," Journal of Health Economics, Elsevier, vol. 15(2), pages 209-231, April.
    3. Kip Viscusi, W. & Magat, Wesley A. & Huber, Joel, 1991. "Pricing environmental health risks: survey assessments of risk-risk and risk-dollar trade-offs for chronic bronchitis," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 32-51, July.
    4. Claire Gudex, 1994. "Standard Gamble user manual: props and self-completion methods," Working Papers 021cheop, Centre for Health Economics, University of York.
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