The ‘well-being valuation method’ is a recently developed technique for valuing the effect, in monetary terms, of a health problem on an individual’s well-being. The method involves calculating the compensating variation necessary to maintain the same level… Read More »The well-being valuation approach: Solution or convolution?
Founder of the Academic Health Economists' Blog. Principal Economist at the Office of Health Economics. ORCID: 0000-0001-9470-2369
I recently listened to a radio show that got me thinking about something, which, to my knowledge, has never been explored. We all know the famous phrase from the United States Declaration of Independence about… Read More »Life, liberty and the pursuit of unhappiness
Back in 2005, NICE and the Department of Health here in the UK set about trying to figure out the level at which society valued a QALY, and also whether different QALYs should be assigned… Read More »Is a QALY a QALY or not? The SVQ project and the value of life