TY - JOUR
T1 - Tests of utility independence when health varies over time
AU - Spencer, Anne
AU - Robinson, Angela
N1 - Source:HEG-endnote12-09 Note:
PY - 2007
Y1 - 2007
N2 - In the conventional quality adjusted life year (QALY) model, people's preferences are assumed to satisfy utility independence. When health varies over time, utility independence implies that the value attached to a health state is independent of the health state that arise before or after it. Two separate studies were conducted involving a total of 155 respondents. In study one, we conducted five tests of utility independence using a standard gamble question. Three of the tests of utility independence were repeated in study two after randomisation was introduced in order to take account of possible ordering effects. Utility independence holds in the majority of cases examined here and so our work generally supports the use of utility independence to derive more tractable models.
AB - In the conventional quality adjusted life year (QALY) model, people's preferences are assumed to satisfy utility independence. When health varies over time, utility independence implies that the value attached to a health state is independent of the health state that arise before or after it. Two separate studies were conducted involving a total of 155 respondents. In study one, we conducted five tests of utility independence using a standard gamble question. Three of the tests of utility independence were repeated in study two after randomisation was introduced in order to take account of possible ordering effects. Utility independence holds in the majority of cases examined here and so our work generally supports the use of utility independence to derive more tractable models.
U2 - 10.1016/j.jhealeco.2007.04.002
DO - 10.1016/j.jhealeco.2007.04.002
M3 - Article
VL - 26
SP - 1003
EP - 1013
JO - Journal of Health Economics
JF - Journal of Health Economics
SN - 0167-6296
IS - 5
ER -