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A test of the predictive validity of non-linear QALY models using time trade-off utilities

Author

Listed:
  • José Mª Abellán
  • José Luis Pinto
  • Ildefonso Méndez
  • Xabier Badía

Abstract

This paper presents a test of the predictive validity of various classes of QALY models (i.e., linear, power and exponential models). We first estimated TTO utilities for 43 EQ-5D chronic health states and next these states were embedded in health profiles. The chronic TTO utilities were then used to predict the responses to TTO questions with health profiles. We find that the power QALY model clearly outperforms linear and exponential QALY models. Optimal power coefficient is 0.65. Our results suggest that TTO-based QALY calculations may be biased. This bias can be avoided using a power QALY model.

Suggested Citation

  • José Mª Abellán & José Luis Pinto & Ildefonso Méndez & Xabier Badía, 2004. "A test of the predictive validity of non-linear QALY models using time trade-off utilities," Economics Working Papers 741, Department of Economics and Business, Universitat Pompeu Fabra.
    • Handle: RePEc:upf:upfgen:741
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    References listed on IDEAS

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    More about this item

    Keywords

    Cost-utility analysis; QALYs; power QALY model; predictive validity; time tradeoff; Leex;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • D99 - Microeconomics - - Micro-Based Behavioral Economics - - - Other

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