Characterizing QALYs by risk neutrality

DOI10.1023/A:1007726117003MaRDI QIDQ1372674zbMATH OpenOpenAlexWikidataFDO

Authors Han Bleichrodt, Peter P. Wakker, Magnus Johannesson

Publication date 16 August 1998

Published in Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1007726117003

zbMATH Keywords

axiomatizationmedical decision makingquality-adjusted life yearsrisk neutralityutility independence

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Case-oriented studies in operations research (90B90) Utility theory (91B16)

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Cited in

(7)

• Quality-adjusted life years (QALY) utility models under expected utility and rank dependent utility assumptions
• Probability weighting and utility curvature in QALY-based decision making
• Characterizing QALYs under a general rank dependent utility model
• Deriving quality-adjusted life years (QALYs) from constant proportional time tradeoff and risk posture conditions.
• Fuzzy approach to decision analysis with multiple criteria and uncertainty in health technology assessment
• How sure are you? — the properties of self-reported conviction in the elicitation of health preferences with discrete choice experiments
• Utility independence of multiattribute utility theory is equivalent to standard sequence invariance of conjoint measurement

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