Publication:
A test of the predictive validity of QALYs using chronic and temporary time trade-off values

dc.contributor.authorAbellán Perpiñán, José María
dc.contributor.authorPinto Prades, José Luis
dc.contributor.authorMéndez Martínez, Ildefonso
dc.contributor.authorBadía Llach, Xabier
dc.contributor.departmentEconomía Aplicada
dc.date.accessioned2024-12-02T09:29:27Z
dc.date.available2024-12-02T09:29:27Z
dc.date.issued2004-02
dc.description© 2004 Elsevier. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Submitted version of a Published Work that appeared in final form in UPF Economics and Business Working Paper No. 741. To access the final edited and published work see http://dx.doi.org/10.2139/ssrn.563327
dc.description.abstractThis 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.
dc.formatapplication/pdfes
dc.format.extent34
dc.identifier.citationSSRN Electronic Journal, 2004
dc.identifier.doihttp://dx.doi.org/10.2139/ssrn.563327
dc.identifier.urihttp://hdl.handle.net/10201/146988
dc.languageenges
dc.publisherElsevier
dc.relationSin financiación externa a la universidades
dc.relation.publisherversionhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=563327
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectCost utility analysis
dc.subjectQALYs
dc.subjectPower QALY model
dc.subjectPredictive validity
dc.subjectTime tradeoff
dc.titleA test of the predictive validity of QALYs using chronic and temporary time trade-off valueses
dc.typeinfo:eu-repo/semantics/articlees
dspace.entity.typePublicationes
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