id:"swepub:oai:DiVA.org:oru-35910"
Search: id:"swepub:oai:DiVA.org:oru-35910" > The willingness to ...
- 1 of 1
- Previous record
- Next record
- To hitlist
The willingness to pay for a quality adjusted life year : a review of the empirical literature
-
- Ryen, Linda, 1974- (author)
- Karlstads universitet,Handelshögskolan (from 2013)
-
- Svensson, Mikael, 1980- (author)
- Karlstads universitet,Örebro universitet,Handelshögskolan vid Örebro Universitet,Department of Economics, Karlstad University, Karlstad, Sweden,Handelshögskolan (from 2013),Örebro University
- (creator_code:org_t)
- 2014-07-28
- 2015
- English.
- In: Health Economics. - : Wiley-Interscience Publishers. - 1057-9230 .- 1099-1050. ; 24:10, s. 1289-1301
- Research review (peer-reviewed)
Abstract
Subject headings
Close
- There has been a rapid increase in the use of cost-effectiveness analysis, with quality adjusted life years (QALYs) as an outcome measure, in evaluating both medical technologies and public health interventions. Alongside, there is a growing literature on the monetary value of a QALY based on estimates of the willingness to pay (WTP). This paper conducts a review of the literature on the WTP for a QALY. In total, 24 studies containing 383 unique estimates of the WTP for a QALY are identified. Trimmed mean and median estimates amount to 74,159 and 24,226 Euros (2010 price level), respectively. In regression analyses, the results indicate that the WTP for a QALY is significantly higher if the QALY gain comes from life extension rather than quality of life improvements. The results also show that the WTP for a QALY is dependent on the size of the QALY gain valued.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
- MEDICIN OCH HÄLSOVETENSKAP -- Hälsovetenskap -- Hälso- och sjukvårdsorganisation, hälsopolitik och hälsoekonomi (hsv//swe)
- MEDICAL AND HEALTH SCIENCES -- Health Sciences -- Health Care Service and Management, Health Policy and Services and Health Economy (hsv//eng)
Keyword
- literature review; QALY; willingness to pay
- Economics
- Nationalekonomi
- Economics
Publication and Content Type
- ref (subject category)
- for (subject category)
Find in a library
- Health Economics (Search for host publication in LIBRIS)
To the university's database
- 1 of 1
- Previous record
- Next record
- To hitlist
Find more in SwePub
- By the author/editor
- Ryen, Linda, 197 ...
- Svensson, Mikael ...
- About the subject
-
- SOCIAL SCIENCES
- SOCIAL SCIENCES
- and Economics and Bu ...
- and Economics
-
- MEDICAL AND HEALTH SCIENCES
- MEDICAL AND HEAL ...
- and Health Sciences
- and Health Care Serv ...
- Articles in the publication
- Health Economics
- By the university
- Örebro University
- Karlstad University
Search outside SwePub
- Extend your search to:
- Google Book Search
- Google Scholar
Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.
- Copyright © LIBRIS - National Library Systems
- LIBRIS.kb.se
